Finance and Policy

ESI Africa is a provider of daily electricity news. Our coverage includes Africa investment news as well as energy regulation and energy funds.

e-mobility sustainable mobility

E-mobility already exists in SA and business opportunities abound

The motor vehicle assembly and component manufacturing industry is a key pillar of south Africa’s economy, contributing just more than 6.4% of the country’s GDP and 27% of manufacturing output but e-mobility could change that.
Liberia

World Bank approves $40 million to support key reforms in Liberia

The World Bank Group has approved the second in a series of three single-tranche Inclusive Growth Development Policy Operations (IGDPO) to support and enable inclusive growth, development and reforms in Liberia.
water

Identifying business opportunities in South Africa’s water sector

Technology providers that install flow and pressure metering and monitoring devices can benefit from tenders by municipalities determined to reduce their non-revenue water.
Nigeria

World Bank releases Nigeria economic update report

The latest Nigeria development update report, Resilience through Reforms says that Nigeria has exited from its deepest recession in four decades as COVID-19 restrictions were eased. With poverty increasing in 2020 due to the combined effects of COVID-19 and rising prices, the report recommends policy options that can help reduce inflation and protect poor households from its impacts.
solar

IFC and Niger to boost access to clean power through new...

The International Finance Corporation (IFC) and the government of Niger have announced that they will be developing up to 50MW of grid-connected solar power. The power generated will be equivalent to roughly 20% of the country’s installed capacity.
rooftop solar

GreenCape points to green investment opportunities in new market reports

GreenCape have launched the latest Market Intelligence Reports which highlight investment opportunities in key sectors of the green economy.
energy access solar lamp Lake Victoria Kenya

Funding the missing middle to create energy access for all

The BUILD Fund has made its inaugural investment, setting up a $500,000 working capital facility for Kenyan distributor of solar products, Mwezi, which concentrates on last mile energy access measures.
Benin streetlight flag

Benin gets World Bank funds to scale up energy access for...

The World Bank Board of Executive Directors has approved $200million in International Development Association (IDA) funding for Benin to improve access to electricity services for households, businesses and basic public services.
Africa Renewable energy

AREF II raises $180 million for sub-Saharan Africa

The Africa Renewable Energy Fund II (AREF II) has raised $180 million from seven investors. The fund, managed by Berkeley Energy, will finance renewable energy in sub-Saharan Africa.
Madagascar Ambatolampy GreenYellow

Madagascar: Ambatolampy solar plant to be expanded

Madagascar’s state utility Jirama has announced plans to extend the capacity of Ambatolampy solar PV power plant as well as add battery storage.

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