World Bank

KEY POINTS The World Bank has approved a $200 million grant to Zambia through its International Development Association (IDA) to accelerate energy access in the country. This grant represents the …

Egypt receives $700 million from the World Bank to boost renewable energy efforts and improve electricity efficiency, supporting green economic growth.

Africa is facing a dual challenge of expanding access to electricity and reducing its dependence on fossil fuels. More than half of the continent’s population lacks reliable and affordable power, …

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 …

Nigeria, Africa’s most populous nation and largest economy is set to receive a major boost in its efforts to achieve universal energy access and combat climate change. The World Bank’s …

The World Bank has announced a bold initiative to bring electricity to 100 million people in Africa by the end of the decade, as part of its efforts to support …

Kenya Power, the country’s main electricity provider, is implementing a solar mini-grid project to bring clean and reliable power to 55,000 small and medium enterprises (SMEs) in remote fishing communities. …

Nigeria, Africa’s largest oil producer, has seen a sharp decline in its petrol imports in the second quarter of 2023, following the removal of the controversial fuel subsidy that had …