Read the latest Archives of oil, gas and energy news.
The African Development Bank will lead efforts to raise $145 million for the Moyi Power Metro-Grids project, bringing solar-powered electricity to over one million people in the DRC.
The Export-Import Bank of the United States is providing a $1.6 billion direct loan to support solar rollout in Angola.
Provided by the Export-Import Bank of the United States (EXIM), the funding will support the development of 65 solar mini-grids across Angola.
A total of 60 solar mini-grids will be installed by ENGIE Energy Access to enhance access to electricity for rural consumers in Zambia.
The World Bank provides recommendations on how to boost the installation of solar mini-grids and enhance energy access across the globe in a new study.
The Bank is rolling out the investment through the Rural Electrification Agency.
In an interview with ECP, Boyana Achovski, Board Member of Women in Renewables, covered large-scale renewable deployment in Africa, rural electrification in Congo and balancing gas development with decarbonization.
The OPEC Fund has joined Mission 300 by pledging $2 billion, connecting 300 million people to electricity.
A series of financial commitments at COP29 underscore the continent’s leadership in sustainable energy transitions, setting the stage for critical investment and collaboration at the Invest in African Energy Forum in Paris next May.
bp, Equinor, Shell and TotalEnergies have committed to jointly invest $500 million to enhance energy access and clean cooking in sub-Saharan Africa and South and Southeast Asia.
