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Financing coal power projects in sub-Saharan Africa goes against net-zero goals

Research highlights that pockets of funders continue to finance additional coal-fired generation capacity in South Asia and sub-Saharan Africa. $42 billion was committed to grid-connected coal power plants between 2013-2019 in the 18 countries studied.
renewable energy

Madagascar: Rio Tinto to power mine through renewable energy

Rio Tinto has signed a power purchase agreement for a renewable energy plant to power QIT Madagascar Minerals ilmenite mine using solar, wind and battery storage.
geothermal energy

EIB approves $95 million for geothermal power in East Africa

The European Investment Bank (EIB) has approved $4.9 billion financing for renewable energy, clean transport, COVID-19 recovery, social housing and education. Of this amount, $95 million will be allocated to the East Africa Rift Geothermal Project.
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.
computer literacy

Solar-powered laptops for school children in Madagascar

UK battery developer Aceleron have partnered with Malagasy solar start-up Jirogasy to provide solar powered laptops to school children in Madagascar.
water

20by2020 improves water quality and access in rural Madagascar

Humanitarian initiative 20by2020 recently installed Safe Water Cube foundations across five rural areas of Madagascar.
climate finance

Op-ed: Can climate finance mitigate Africa’s energy crisis?

In Madagascar, only 15% of the population has electricity access. This shortfall offers a compelling climate finance investment opportunity.
Surprising trends influencing solar PV technology

Fund open for proposals to accelerate off-grid solar in Madagascar

Off-Grid Market Development Fund in Madagascar has opened the first window for proposals for results-based financing until 8 December.
SEforALL backs mini-grid deployment in Sierra Leone and Madagascar

SEforALL backs mini-grid deployment in Sierra Leone and Madagascar

SEforALL has opened applications for companies seeking results-based finance for mini-grid projects in Sierra Leone and Madagascar
Global sustainability standard for hydropower on the cards

Madagascar: Sahofika hydropower BOOT scheme to get 4 million Euro loan

The Sahofika hydropower project entails the construction of a 205MW hydroelectric power plant on a Build-Own-Operate-Transfer basis.

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