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ATI backs OPIC & Actis to launch Kenya’s Kipeto Wind Power Project

The African Trade Insurance Agency today announced that it has played a critical role in unlocking the financing for Kipeto Wind Power, Kenya’s newest wind farm.

Japan-US bilateral DFI co-financing agreement to bolster private sector

The Japan International Cooperation Agency (JICA) has signed a memorandum of cooperation (MOC) with the Overseas Private Investment Corporation (OPIC) for promoting mutual co-financing to the private sector in developing countries. The MOC was...
wind turbines

Financial close for Senegal’s first utility-scale wind farm announced

Utility-scale renewable energy project developer Lekela today announced that it has successfully reached financial close on its Taiba N’Diaye wind power project in Senegal. Construction will begin shortly on the west African country’s first utility-scale...

Guinea: Tè Power Plant achieves financial close

On Tuesday, Tè Power Company S.A.S.U. (TPC) announced that it has reached financial close and commenced construction of the $121 million Tè Power Plant in Conakry, Guinea. Developer and majority project owner, Endeavour Energy, highlighted...

$950 000 OPIC grant secured for Kenyan geothermal project

Power Africa programme secures Kenyan renewable energy project development firm, Akiira One Ltd. (AOL) a grant of $950 000 for a 40MW geothermal energy project GreenMax Capital Advisors announced in a release that it has...