AfDB Approves $379.6M Desert to Power financing facility for the G5 Sahel countries

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

Green Climate Fund Invests $150 million in Desert to Power G5 Sahel Financing Facility

The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its … Read More

Scatec Solar, Norfund sign Power Purchase Agreement for Mozambique’s first large scale Solar Plant

Scatec Solar  and Norfund  have signed the Power Purchase Agreement securing  the sale of solar power over a 25 year period to the state owned utility Electricidade de Mozambique (EDM). … Read More

Simba Energy raises funds for exploration in Kenya and Guinea

Simba Energy has announced the closure of second and final tranche of the Private Placement which is expected to raise USD $2.97 million. This is the second private placement after the … Read More