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Energy Finance & Investment News in Africa

AfDB approves US $55-million (including US$ 7 million from GEF) loan for three Solar PV Projects in Egypt

AfDB approves US $55-million (including US$ 7 million from GEF) loan for three Solar PV Projects in Egypt

🕔Sep 13, 2017

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AfDB to back Kenya’s Lamu coal

AfDB to back Kenya’s Lamu coal

🕔Sep 11, 2017

The African Development Bank (AfDB) is mulling to fund the development of Kenya’s first coal-fired power plant. The bank is awaiting the environmental and social audits before they can release the funds.

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AIIB supports renewable energy development in Egypt

AIIB supports renewable energy development in Egypt

🕔Sep 7, 2017

The Asian Infrastructure Investment Bank (AIIB) has announced up to US$210 million in debt financing for the development of 11 solar power projects to tap Egypt’s renewable energy potential.

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USTDA awards grant for 130-MW wind project in Zambia

USTDA awards grant for 130-MW wind project in Zambia

🕔Sep 6, 2017

The U.S. Trade and Development Agency (USTDA) has awarded a grant to Access Power, a developer, owner and operator of renewable power projects in emerging markets and its strategic partner EREN Renewable Energy a global independent power producer.

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IPPToday #51: Egypt launches tenders for 250 MW solar park in Gulf of Suez

IPPToday #51: Egypt launches tenders for 250 MW solar park in Gulf of Suez

🕔Sep 5, 2017

Egypt's New and Renewable Energy Authority (NREA) has launched a tender for the development of a 250MW solar plant in the Gulf of Suez.

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IPPToday #50: Eskom to sign South African PPAs by the end of October

IPPToday #50: Eskom to sign South African PPAs by the end of October

🕔Sep 4, 2017

The Government of South Africa has announced that Eskom must sign the independent power producer (IPP) power purchase agreements (PPAs) by the end of October

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Botswana Power Corporation receives 166 EOIs for 100 MW solar project

Botswana Power Corporation receives 166 EOIs for 100 MW solar project

🕔Aug 31, 2017

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EBRD, Proparco to finance two 50-MW solar projects under Egypt's round 2 FiT

EBRD, Proparco to finance two 50-MW solar projects under Egypt's round 2 FiT

🕔Aug 25, 2017

Egypt has taken a major step forward in its use of renewable energy sources with the support of the European Bank for Reconstruction and Development (EBRD) and Proparco, a French financial institution that supports private sector development projects in emerging economies.

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IPPToday #26: IFC invests in World’s largest solar PV park in Egypt

IPPToday #26: IFC invests in World’s largest solar PV park in Egypt

🕔Jul 28, 2017

The International Finance Corporation IFC, a member of the World Bank Group. has approved an investment of US$635 million that will help construct, operate and maintain up to 11 solar power plants in Egypt.

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IPPToday #16: MASEN issues RFP for the 800-MW Noor Midelt solar project

IPPToday #16: MASEN issues RFP for the 800-MW Noor Midelt solar project

🕔Jul 14, 2017

The Moroccan Agency for Solar Energy (MASEN) has started the next stage of the tender process for the phase 1 of the 800 MW Noor Midelt solar power complex issuing a Request of Proposals (RFP) to the consortia shorlisted.

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Nigeria issues EOI for a hydropower plant concession

Nigeria issues EOI for a hydropower plant concession

🕔Jul 13, 2017

The government of Nigeria has issued a request for expressions of interest (EOI) for the operation and maintenance of a hydropower plant located in Kaduna State.

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EIB mulls loan for Gambia PV & storage project

EIB mulls loan for Gambia PV & storage project

🕔Jul 11, 2017

The European Investment Bank (EIB) may provide finance to Gambia’s National Water and Electricity Company for a solar power-plus-storage and grid upgrade project in the country.

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Tunisia establishes deadlines for 210-MW renewable tender

Tunisia establishes deadlines for 210-MW renewable tender

🕔Jul 4, 2017

The Ministry for Energy, Mines and Renewable energies of Tunisia has launched two deadlines for the tender process involving 210 MW of renewable power generation.

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MASEN shortlists five consortia for the 800-MW Noor Midelt solar project

MASEN shortlists five consortia for the 800-MW Noor Midelt solar project

🕔Jun 16, 2017

The Moroccan Agency for Solar Energy (MASEN) has announced it has shortlisted five teams for the phase 1 of the 800 MW Noor Midelt solar power complex.

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Engie and eleQtra partner for 50-MW wind development in Ghana

Engie and eleQtra partner for 50-MW wind development in Ghana

🕔Jun 16, 2017

ENGIE and eleQtra, a UK-based developer of power and transportation projects in sub-Saharan Africa, signed a Joint Development Agreement that defines the terms and the schedule for the development and construction of the 50 MW Ada Wind power project in the Greater Accra Region in Ghana.

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AIIM acquires stake in Mali energy firm

AIIM acquires stake in Mali energy firm

🕔Jun 15, 2017

African Infrastructure Investment Managers (AIIM), an equity investor in African infrastructure, through its AIIF3 fund, has acquired a 44% stake in Albatros Energy Mali.

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EBRD agrees US$500m loan for solar projects in Egypt

EBRD agrees US$500m loan for solar projects in Egypt

🕔Jun 13, 2017

The European Bank for Reconstruction and Development (EBRD) has approved a US$500 million framework to finance renewable energy in Egypt.

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IFC supports Mozambique’s solar park

IFC supports Mozambique’s solar park

🕔Jun 12, 2017

IFC, a member of the World Bank Group has announced a landmark financing package of US$55 million to build Mozambique’s first utility scale solar PV plant, which will help increase electricity sector climate resilience and deliver power to rural areas. It includes US$19 million from IFC’s own account, US$19 million from Climate Investment Funds, and a syndicated loan of up to US$17 million

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EOI for solar mini-grid systems through PPP in Sierra Leone

EOI for solar mini-grid systems through PPP in Sierra Leone

🕔Jun 7, 2017

The Government of Sierra Leone through the Ministry of Energy has launched a request for expression of interest (RFEOI) for a solar mini-grid operation under a PPP arrangement. 

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Botswana issues EOIs for a solar project

Botswana issues EOIs for a solar project

🕔Jun 2, 2017

The Republic of Botswana has launched a tender process for the establishment of a Joint Venture with Botswana Power Corporation (BPC) for a 100 MW solar power plant.

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