Latest News and Insights

An international consortium led by Powergrids plans to build three off-grid solar plants intended to power the cities of Gemena, Bumba, and Isiro, which are located in the country’s northern region and currently have no connection to the country’s power network. Thank you for reading!

A new International Energy Agency (IEA) report has forecasted a 10% rebound in investment in energy in 2021. Although global energy investments are set to recover, they remain far from a net zero pathway.  Not enough investment going into clean energy, especially in emerging markets and developing economies, new IEA report finds. Thank you for […]

Kahone Solaire and Kaél Solaire projects located respectively in the regions of Kaolack and Diourbel, in the central region of Senegal have started their commercial operations. This was announced by the project contractor, a consortium formed by the Engie SA, Fonds souverain d’investissements stratégiques (Fonsis) and Meridiam. Thank you for reading!

The African Development Bank (AfDB) Group has approved a total of US$ 84.22M to electrify close to 88,000 rural households in Rwanda. The monies comprise a loan of US$ 36.77M and a grant of US$ 47.45M both of which were released from the African Development Fund (ADF) through a project dubbed Transmission System Reinforcement and Last Mile Connectivity. […]

Cape Coast Green City project that is aimed to transform Cape Coast, a city, fishing port, and the capital of Cape Coast Metropolitan District and Central Region of south Ghana into a green, smart and sustainable model city has been launched. Thank you for reading!

Recently, in the locality of Kong-Kong, in the North region, the managers of Electricity Development Corporation (EDC) provisionally accepted a recently constructed electric grid that will enable 105 villages in Cameroon to be connected to electricity. Thank you for reading!

Green off-grid provider Renewvia Energy Corporation has signed an agreement with Social Investment Managers and Advisors LLC (Sima) for $1 million in funding. The funds will enable the electrification of several rural communities via solar off-grid in Kenya. Thank you for reading!

The French company Hydroneo East Africa has signed an agreement with the investment consultancy Finergreen for a $1 million loan to develop the Mpanda hydroelectric project in Burundi. The plant, which will have a capacity of 10.2 MW, will reach financial close in 2022. Thank you for reading!

The Off-Grid Market Development Fund (OMDF) has launched a performance-based grant programme for 12 solar kit suppliers. This fund dedicated to financing off-grid electrification was set up by the government of Madagascar in partnership with the World Bank. Thank you for reading!