Energy & Power

Africa Finance Corporation invests in Djibouti’s IPP and renewable project

Djibouti wind AFCAfrica Finance Corporation (AFC) has announced a US$63mn strategic investment to construct and operate a 60MW wind project in the Ghoubet area, near Lake Assal in Djibouti

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IEA’s first Africa programme manager to expand energy sector engagement

Maximilian Jarrett The International Energy Agency (IEA) has appointed Maximilian Jarrett as its first Africa programme manager to help expand the agency’s reach and coordinate its work as it deepens its engagement across the continent

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Nigeria sings MoU with Siemens

siemens power supplyThe Nigerian government has signed an MoU with Siemens, the German electricity powerhouse, to improve the country’s power supply

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Standard Chartered to provide US$75bn for SDGs

SC SDGStandard Chartered is planning to provide US$40bn of project financing services for infrastructure to promote sustainable development and US$35bn of project financing services, M&A advisory and debt structuring services for renewables and cleantech projects by 2024

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Endeavor awards Daystar Power founders as high impact entrepreneurs

daystar awardThe international jury of the non-governmental organisation Endeavor honoured the two German founders and managing directors of the Nigerian solar energy company Daystar Power as high impact entrepreneurs

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