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Energy

ARPF will provide equity for the development and construction of 10 to 15 greenfield renewable energy projects in Sub-Saharan Africa. (Image source: Marufish/Flickr)

The African Development Bank (AfDB) has approved an equity investment of up to US$25mn in ARCH Africa Renewable Power Fund (ARPF), a US$250mn private equity fund for renewable energy projects across Sub-Saharan Africa

Africa is rapidly investing in next generation energy solutions. (Image source: United Nations Photo/Flickr)

Africa Infrastructure Investment Managers (AIIM), though its AIIF3 fund, is investing US$31mn for a minority stake in BBOXX’s operations in Rwanda, Kenya and the Democratic Republic of Congo (DRC), in which about 10mn is expected to gain energy access

The fund’s focus on investing in early stage project development will also assure the timely implementation of well-prepared projects. (Image source: James Moran/Flickr)

The African Development Bank (AfDB) group has announced that it has approved a US$32.5mn equity investment in Climate Investor One’s (CIO) Construction Equity Fund (CEF)

UNDP solar panels at the Sipepa Rural Hospital in Bulawayo, Zimbabwe. (Image source: UNDP)

The governments in sub-Saharan Africa have partnered with the United Nations Development Programme (UNDP) to launch the Solar for Health initiative to install solar systems in rural health centres and clinics

MCC COO and Head of Agency Jonathan Nash and Senegalese Minister of Economy, Finance and Planning Amadou Ba shake hands during the ceremony to mark the signing of the MCC Senegal Power Compact at the State Department. (Image source: MCC)

The US government’s Millennium Challenge Corporation (MCC) and the government of Senegal have signed the new five-year US$550mn MCC Senegal Power Compact

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