Chariot Oil & Gas Ventures into Renewable & Hybrid Power

Chariot  has announced that it has signed share purchase agreements for the acquisition of the business of Africa Energy Management Platform for consideration of up to US$2 million payable primarily … Read More

Magnora ASA Accelerates Growth with a Project Portfolio Pipeline of net 1 GW Potential Solar PV & Onshore Wind

Renewable energy development company Magnora ASA has entered into agreements to acquire 100 percent of the shares in a South African company with a 775 MW greenfield renewable development portfolio. … Read More

CrossBoundary Energy Raises $40M to Scale Financed Solar for Businesses in Africa

CrossBoundary Energy (CBE) has announced the exit of its first fund at a 15% net IRR to investors. ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARCH ARPF) is providing … Read More

Are African Development Bank (AfDB)’s financing policies climate-friendly?

(By Wangeci Migwi, Amy Giliam and Nicole Rodel) With the climate crisis threatening over half of the global GDP, there can be no business-as-usual when the world begins to plan … Read More

CGG Delivers Global Geothermal Resource Study to Support Client’s Energy Transition Strategy

CGG has announced that its Geothermal Science group has delivered a global geothermal resource study to a major energy company. The study evaluates the scale of the potential for geothermal … Read More

SOUTH AFRICA: Sasol Invites Bidders for the Development Solar Photo-Voltaic (Pv) Facilities

Sasol is inviting interested Bidders to participate in a Request for Proposals (RFPs) process for the development of two embedded 10MW Solar Photo-Voltaic (PV) facilities at its South African operations … Read More

UGANDA: 1.4 million to access reliable and affordable energy under new EIB – ENGIE initiative

Scaling up off-grid solar power model for transforming rural energy access across Africa; EIB financing to overcome barriers to 80% of Ugandans without access to electricity; Local currency financing to … Read More

Solar Mini-grids Set to Play Critical Role in Achieving Universal Electricity Access With Right Policy Support

Mini-grids could play a critical role in providing electricity to rural communities and businesses and in helping to connect the 789 million people worldwide who currently do not have access. … Read More

Kenya’s “Oil Lady” Lucky Okudo Named in Forbes 30 under 30 List for 2020

Source: Forbes In 2012, Lucky Okudo found herself at a conference on the outskirts of Nairobi discussing environmental sustainability and the strategic role women play. At the same time, on … Read More