Africa's Oil, Gas and Energy News.
The Board of Directors of the African Development Bank Group has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger. The Bank envisages … Read More
Commercial operation scheduled to start in Q4 2023; The African Development Bank (www.AfDB.org) acted as the Mandated Lead Arranger and Coordinating Bank, committing ZAR 2.306 billion to the transaction; The ZAR … Read More
Magnora is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV … Read More
Project Areas The Company has three project areas in Botswana: · Lesedi Project – Gas & Solar Power, Hydrogen production · Mamba Project – Exploration & Evaluation · Boomslang Project – Exploration & Evaluation Lesedi Project Area, Botswana Licences: Production … Read More
Globeleq and its project partner, Africa Energy Development Corporation (AEDC), has indicated that its 52MWp Malindi Solar photovoltaic (PV) plant has been exporting 40 MWac of power into the national … Read More
An integrated policy framework built around the energy transition could bring a wave of new sustainable energy investment to Africa, growing the region’s economy by 6.4 per cent by 2050, … Read More
Recently, Sungrow, the global leading inverter solution supplier for renewables, signed a new BESS contract with KarmSolar, Egyptian largest private sector solar energy provider. Sungrow will provide 2.576MWp PV inverter … Read More
The United Nations SDG-Fund has approved Zimbabwe’s USD 45 Million programme on catalyzing investments in Renewable Energy (RE) for the acceleration of the attainment of the Sustainable Development Goals (SDGs) … Read More
Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by … Read More
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $1 million grant to facilitate Botswana’s transition to clean energy. The technical assistance project … Read More
