Africa is on the verge of a renewable energy revolution, thanks to the potential of regional power pools and the growing demand for electric vehicles. According to the International Energy…
Africa
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Italy’s ambitious proposal to become a bridge for energy between Africa and Europe has met with scepticism from the African Union (AU), which questioned the feasibility and sincerity of the initiative.
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Italy has unveiled a $6 billion fund to strengthen its energy and education ties with Africa, as a way to address the root causes of migration and to support the continent’s development.
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Puma Energy, a global energy business, has announced a strategic partnership with MBHE Group, a renewable energy solutions provider in South Africa. The deal will see Puma Energy acquire a…
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The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced a new partnership with the Facility for Energy Inclusion (FEI), a pan-African fund that…
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AXIAN Energy, a pan-African group that operates in the renewable energy sector, has received a $30 million senior secured loan facility from the Emerging Africa Infrastructure Fund (EAIF), a Private…
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Angola, Africa’s second-largest oil producer, has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), a move that could have significant implications for the global oil…
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The World Bank has announced a new initiative to accelerate the transition to clean and sustainable energy in Sub-Saharan Africa. The program called Accelerating Sustainable and Clean Energy Access Transformation…
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China has been investing heavily in renewable energy projects across Africa, securing its access to critical minerals and challenging the influence of Western powers. A recent report by the China…
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Octopus Energy, a British renewable energy company, has announced its ambitious plans to build dozens of wind farms across Africa, starting with a project in Sierra Leone. The company, which…