In a significant move to strengthen South Africa’s energy infrastructure, the World Bank has approved $350 million in financing aimed at unlocking large-scale private investment in the country’s electricity grid..
PRESS RELEASE Fifth African Natural Resources and Energy Investment Summit to convene ministers, CEOs and global investors to advance the continent’s “One Africa. One Resource Vision” and unveil the.
The HEX Battery Energy Storage System, Africa’s first utility-scale facility of its kind, discharges 360 lithium-ion units to power milking motors and cold storage without interruption. This $57.67 million project,.
The shift towards renewable energy has gathered decisive momentum in recent years, with solar photovoltaic power now leading global electricity capacity additions. According to the International Energy Agency (IEA), solar.
In 2025, Africa marked its fastest year of solar growth on record, with total solar photovoltaic (PV) capacity additions rising by 54 per cent compared with 2024. Against this backdrop.
Mozambique has formally restarted construction of the $20+ billion Mozambique LNG project operated by TotalEnergies (TTEF.PA) in Cabo Delgado. This comes after a five-year suspension, marking a new turn for.
Benin is on the brink of something it has not experienced since the late 1990s: the return of crude oil production. This is not a dramatic rebranding of Benin as.
Egypt has secured a $1.8 billion renewable energy agreement with Norway’s Scatec and China’s Sungrow, coupled with fresh LNG cooperation with Qatar, which indicates a pragmatic recalibration rather than a.
The global energy transition has reached a pivotal inflection point. In 2025, renewable energy accounted for more than 92 per cent of new electricity generation capacity added worldwide, driven predominantly.
Some deals matter less for their size than for what they reveal about confidence, judgment, and timing. The recently announced $750 million financing agreement between Afreximbank and Heirs Energies belongs.
