DBSA announced the first debt drawdown for Redstone CSP The Development Bank of Southern Africa has announced that the Redstone Concentrated Solar Power Project has completed its first debt drawdown. The Redstone Concentrated Solar Power (CSP) project, located in the...
Eskom plans to add 4 gigawatts of renewable power to the national grid Eskom has launched a request for a proposal to lease land to add an estimated 4,000 MW of new renewable generation capacity to the national grid On 8 April 2022, Eskom launched a request for a...
A USD 4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA) has been approved. African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade....
Flagship “Desert to Power” project receives a $5.5 million grant to fund phase 2 Half of the 340 million people living in the Sahel region do not have access to electricity. The African Development Bank’s “Desert to Power” initiative aims to provide...
The International Finance Corporation has invested $15 million in Egypt’s Algebra Ventures’ Fund II. Algebra Ventures is Egypt’s leading technology venture capital firm. According to its website, it has invested over $300 million in its portfolio...
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