September 12, 2019
The 5th Investing in Africa Forum in Brazzaville opened with the host country’s president emphasising that Africa “must not be condemned to stagnation”.
September 3, 2019
Papua New Guinea has achieved dramatic growth in the use of off-grid solar products with 60% (up from 2% in seven years) of households using solar lighting.
August 22, 2019
The 156MWp Juazeiro Solar Plant in Brazil is now fully operational and is expected to generate an estimated 357GWh yearly.
August 12, 2019
World Bank Group commitments to help countries improve living standards and achieve better development outcomes were $59.5 billion in fiscal year 2019.
Business and markets
August 6, 2019
After decades of struggle against a deficient power generation system, Senegal is now on the verge of a shift involving the renewables and gas markets.
A recent report by IFC, in cooperation with L.E.K. Consulting hightlights the importance of investing in human capital to keep up with digital trends.
The digital divide is evident in Africa’s utilities, where embracing the smart meter revolution is yet to be fully realised for various reasons.
July 25, 2019
IFC, Globeleq Africa, and Industrial Promotion Services, (West Africa) have committed $294 million for Azito Phase 4 in Côte d’Ivoire.
Finance and Policy
July 22, 2019
ENGIE and its partners; Meridiam and FONSIS have signed the EPC, O&M and finance contracts for two solar PV projects of 60MW.