local currency

European investment programme GET.invest and the GIZ Financial Systems Development Cluster will collaborate with Rwandan financiers to increase investment into decentralised renewable energy projects through local currency financing.

The transaction represents the first time that a solar power-based energy company in Nigeria has been successfully backed by long-term Naira financing.

In response to low electrification rates in some remote areas across Africa, the African Development Bank (AfDB) has approved a proposal to help Zola EDF Côte d'Ivoire (ZECI), to mobilise a loan in local...