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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…

12 07 2022 | 07:32

BENIN: GreenYellow and Egnon win construction of 4 solar parks in PPP

The government of Benin has signed a concession agreement with a consortium formed by French independent power producer (IPP) GreenYellow and Egnon Consulting, a Cotonou-based company. The public-…

05 07 2022 | 08:15

BENIN/TOGO: IFC lends $10m to Gozem for the deployment of 6,000 electric motorbikes

While petrol-powered motorbike taxis have become the main means of public transport in West Africa, mobility start-up Gozem will deploy a fleet of 6,000 electric motorbikes by 2023. The operation…

23 06 2022 | 18:24

TOGO: BOAD commits €38m for the 42 MWp Awandjélo solar power plant

The West African Development Bank (BOAD) has approved financing of more than €38 million for the construction of a solar photovoltaic power plant in the town of Awandjélo in northern Togo. The plant…

22 06 2022 | 11:18

African wind power struggles to gain momentum

Africa has a gaping hole in its energy supply. Six hundred million people, around half of the continent’s population, lack access to electricity. Without much faster progress, the continent will miss…

14 06 2022 | 09:15

IFC to finance large hydropower project in Mozambique

The International Finance Corporation (IFC) will finance a 1,500MW hydropower project and associated transmission facilities in Mozambique. The IFC will partner with the Mozambican Ministry of…

07 06 2022 | 21:28

MOZAMBIQUE: AfDB Supports Mphanda Nkuwa Mega Hydroelectric Project

The African Development Bank (AfDB) is supporting the implementation of the Mphanda Nkuwa mega hydroelectric project in western Mozambique.

01 05 2022 | 14:36

Singapore firm gets a US$18m loan to build food storage and processing facilities in Nigeria

IFC support for the commodity trader Robust International could help optimise agriculture value chains The International Financial Corporation (IFC), the private sector arm of the World Bank has…