Latest News Energy

Energy

14/03/2022 at 17h51, by Africa Business+

Paul McDade’s Afentra aims to raise new funds

The London-listed junior oil company, set up primarily to carry out acquisition operations, is a candidate...

New technologies

09/03/2022 at 17h56, by Africa Business+

Sunrise Fund MD Éric Pol nears final closing on hybrid vehicle

The executive intends to raise €30 million for a fund that simultaneously targets electrification and...

Renewable energies

08/03/2022 at 14h56, by Africa Business+

IFC supports Amea Power on Egypt’s largest solar project

The financial institution will provide $100 million to the 500 MWp Abydos Solar project led by the Dubai-based...

Renewable energies

04/03/2022 at 16h55, by Africa Business+

General Atlantic sets sights on Greenlight Planet 

The powerful New York investment fund is set to acquire shares in the company dedicated to supplying...

Renewable energies

02/03/2022 at 18h37, by Africa Business+

HDF Energy to launch Africa’s first hydrogen power plant in Namibia

The €175 million project will be financed 70% by local debt and 30% by investor capital.

Energy

02/03/2022 at 17h51, by Africa Business+

DR Congo SNEL completes $375 million financing with Glencore

In return for repayments in kind, the state-owned power group has received the final tranche of funding...

Renewable energies

02/03/2022 at 16h20, by Africa Business+

Greenlight Planet expecting another $10 million to boost Kenyan business

The solar kit provider is looking for more funding, having already negotiated $165 million in financing...

Electricity

01/03/2022 at 17h35, by Africa Business+

Ould Bedda contracts JA Delmas and works towards Somelec rebound

To revive the Mauritanian Electricity Company (Somelec), its CEO, Cheikh Abdellahi Ould Bedda, is acquiring...

Renewable energies

01/03/2022 at 17h26, by Africa Business+

Gaia Impact Fund looking at second vehicle 

After its first vehicle, launched in 2017, the impact investor is working on a new structure with a...

Energy

28/02/2022 at 16h08, by Africa Business+

Eight groups in the running for Namibia’s Rosh Pinah wind project

NamPower, Namibia’s national power utility, has selected five Chinese, Indian, German and Danish consortia...

Renewable energies

28/02/2022 at 15h21, by Africa Business+

Mulliez-owned Voltalia to open new offices in Africa

Voltalia CEO Sébastien Clerc told Africa Business+, “The new offices will be announced during 2022.”

Renewable energies

25/02/2022 at 15h41, by Africa Business+

AfDB to mobilise $625 million in private finance for renewable energy

The LEAF programme alongside the Green Climate Fund will support renewable energy in six countries.  

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