funding

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17 08 2022 | 16:48

SENEGAL: The KMS3 drinking water plant now serves 13 additional villages

The National Water Company of Senegal (SONES) is connecting 13 villages in the rural community of Notto Diobass to the new Keur Momar Sarr drinking water plant (KMS 3). The connection work was…

07 08 2022 | 08:15

NAMIBIA: EU-funded two waste buy-back centres to be set up in Windhoek

As part of Namibia's solid waste management strategy, two waste buy-back centres will be set up in the capital Windhoek by 2024. The project is funded by the European Union (EU). The city of…

07 08 2022 | 08:08

AFRICA: Persistent raises $10m to finance climate projects

Venture capital firm Persistent Energy Capital is raising $10 million to finance climate-friendly projects in Africa. The funds are provided by Japanese investor Kyuden International Corporation.…

12 07 2022 | 07:47

AFRICA: Med’Innovant Africa 2022 accelerates innovation for sustainable cities

The third edition of the Med'Innovant Africa competition is launched. The initiative organized by Euroméditerranée, a French public urban development institution, targets the innovations of African…

12 07 2022 | 07:42

EGYPT: Elsewedy accelerates on renewable energy with $150 million credit

Egypt's Elsewedy Electric is getting a $150 million loan to develop renewable energy in Africa. This loan is granted by First Abu Dhabi Bank, Europe Arab Bank and the International Finance…

05 07 2022 | 08:21

IVORY COAST: Yopougon to host a renewable energy training centre

The Ivorian government is launching the construction of a training centre for renewable energy professions in the commune of Yopougon. The project, which will cost 6.5 billion CFA francs (nearly 10…

26 06 2022 | 08:04

AFRICA: Mirova acquires SunFunder and accelerates its focus on renewable energy

The investor SunFunder has announced that it has been acquired by Mirova, an impact investment fund manager and subsidiary of Natixis Investment Managers. Mirova wants to accelerate investments in…

01 06 2022 | 10:04

EGYPT: CBE lends $162m to ABE for modern irrigation in 2 governorates

The Central Bank of Egypt (CBE) is providing a loan of 3 billion Egyptian pounds (over $162 million) to the Agricultural Bank of Egypt (ABE). With this financing, the ABE will support modern…