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Energy

The new financing is part of a first wave of phases of IDA’s ASCENT programme which is expected to provide access to electricity to up to 100 million people in Africa. (Image source: Adobe Stock)

The World Bank has sought to improve distributed renewable energy (DRE) and clean cooking private sector projects in select African countries by extending a facility of close to US$300mn to the Eastern and Southern African Trade and Development Bank (TDB)

African Development Bank invests $15mn in Trade and Development Bank's Class C Green+ shares for clean tech and low carbon projects. (Image source: African Development Bank)

The African Development Bank Group has announced a follow-up equity investment of US$15mn in the Trade and Development Bank Group’s (TDB Group) pioneering Class C Green+ shares to support clean technology and low carbon projects in its member states 

Motlokwe Sebake emphasised the importance of corporate goals around training, sustainability and community empowerment for economic growth. (Image source: ROMPCO)

The Republic of Mozambique Pipeline Investments Company (ROMPCO), a joint venture between the Government of South Africa, the Government of Mozambique and Sasol, is looking to maintain uninterrupted gas supply to customers in 2024 after achieving the feat in 2023

As of the start of 2024, Bboxx has impacted the lives of more than 3.6 million people. (Image source: Bboxx)

Bboxx, a data-driven super platform, has reiterated its dedication to Africa and commitment to being an Africa-first by moving its headquarters from London to Kigali

The partnership has been described as both a technological advancement and catalyst for continental workforce development. (Image source: ReElement Technologies)

ReElement Technologies Corporation, a provider of high performance refining capacity of rare earth and critical battery elements, has signed an MoU with Afrivolt, a pioneer in developing large industrial projects, to support the build-out of Africa’s regional and global lithium-ion battery supply chains

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