12/11/2023
With many African countries balancing development needs with pressure to curb emissions, the continent is seeking over $250 billion annually by 2030 in external financing for climate action.
12/07/2023
Africa needs at least $500 billion for renewable energy capabilities by 2030, and $2 trillion by 2050
12/07/2023
This will give businesses access to reliable renewable energy, even if they do not want to enter into a long-term contract.
12/06/2023
KenGen owns a 26MW wind farm in Ngong Hills and sold 57 Gigawatt hours of electricity generated from the plant to Kenya Power in the year that ended in June.
12/05/2023
This follows a day after the current and incoming chairs of the CVF endorsed and launched the COP28 finance declaration.
12/04/2023
The banks also expressed support for various sectors
12/04/2023
The successful roll out of the facility will depend largely on partnerships such as the World Food Programme to deliver services to clients.
12/04/2023
The African Green Bank Initiative is an initiative by the multilateral lender as a workable and realistic solution to the lack of climate finance in the continent.
12/04/2023
The Horn-of-Africa nation is turning to renewable energy to boost electricity coverage, which stood at 50% of the population in 2020 according to the World Bank, leaving 60mln people outside of the grid
11/30/2023
The farms are part of a three-project cluster that is being co-developed by South African renewable energy developers H1 Capital and EDF Renewables.
11/27/2023
The products, which included solar-powered TV sets, Air Conditioners, and PoS machines, among many others, were launched on Tuesday at the Access Bank Branch in Garki, Abuja.
11/23/2023
An integral aspect of this deal is its contribution to processing approximately 50 million cubic feet per day of natural gas that would otherwise be flared.
11/22/2023
For Nedbank, the “How Cool is Your Bank” report cites Stanley Subramoney, who is also independent non-executive director at Sasol, as being potentially conflicted.
11/20/2023
The African Union within the AfCFTA could lead to the creation of a regional carbon market which can be utilized for selling carbon credits.
11/20/2023
Lack of interventions to mitigate against the effects of climate change
11/13/2023
Representatives from more than 170 nations will meet in Nairobi from Monday to negotiate what concrete measures should be included in a binding worldwide treaty to end plastic pollution
11/03/2023
Mr. Gatete said to build a new social contract for Africa’s future, requires a focus on the levers for achieving the Sustainable Development Goals.
10/27/2023
Absa says it is diversifying its portfolio and increasing funding and capital allocation to initiatives that support renewable and clean energy
10/18/2023
South Africa is the world’s largest supplier of platinum group metals (PGMs) that are used in the electrolysis of water to split hydrogen and oxygen
10/12/2023
The two photovoltaic plants will be located in the mining areas of Khouribga and Benguerir with a combined capacity of 400 megawatts and a storage capacity of up to 100 megawatt-hours