Finance
We discuss finance as it concerned Africa
• 1 min read
Swedfund Pledges $20M to Africa-Focused Climate Fund
With energy demands set to surge, the new funding aims to close Africa’s climate finance gap while supporting sustainable growth and adaptation.
• 1 min read
EBRD Approves $20M for ALEXBANK Green Loans in Egypt
Egypt’s ALEXBANK secures $20M from EBRD to finance green projects for households and small businesses under GEFF II.
• 1 min read
Botswana, KP Group Join Forces on $4 Billion Renewable Energy Initiative
The partnership aims to add 5 GW capacity, boost energy security, and develop local expertise through scholarships.
• 2 min read
AMEA Power Commissions Tunisia’s First 120 MWp Solar PV Project
The solar project will generate around 222 GWh of clean electricity annually, powering approximately 43,000 households and avoiding an estimated 117,000 tons of CO2 emissions each year.
• 1 min read
ADF Approves $23.36m Grant to Scale Clean Electricity in Somalia
The funding will finance solar generation, grid expansion and energy sector reforms in Bosaso, targeting lower power costs, wider access and reduced reliance on diesel generation.
• 59 sec read
Benin to Expand Rural Power With €30m EBRD Loan
Benin has received a €30 million loan from the European Bank for Reconstruction and Development to strengthen its national electricity grid and connect 600,000 people across underserved regions.
• 2 min read
New UK Climate Finance Accelerator Boosts South Africa's Green Transition
A UK-funded programme has opened its fourth round of applications, offering tailored support to South African low-carbon projects seeking at least $3 million in investment.
• 2 min read
EBRD, EU Backs Egypt's Green Energy With €200m in Funding
The €200 million EBRD-backed package will modernise the electricity grid, enable large-scale renewable integration and cut annual emissions by 22,584 tonnes of CO2 equivalent.
• 2 min read
ADB, São Tomé and Príncipe Sign $18m in Adaptation, Energy Transition Financing
The deals, signed in Brussels, extend a partnership focused on fiscal reform, renewable energy, climate-resilient farming and long-term water and food security in the island nation.
• 4 min read
Renewables, Finance and More: Key Agreements from the Historic G20 Summit Declaration
G20 leaders adopt historic declaration prioritising Africa's energy crisis, committing to triple renewables and scale climate finance to trillions, but almost everything is voluntary.