bursa escort ankara escort adana escort manavgat escort eskişehir escort malatya escort diyarbakır escort urfa escort şişli escort avcılar escort sarıyer escort şişli escort mecidiyeköy escort beşiktaş escort pendik escort maltepe escort ataşehir escort kadıköy escort çeşme escort konya escort beylikdüzü escort esenyurt escort ankara escort mezitli escort manavgat escort konya escort antalya escort diyarbakır escort esenyurt escort
Inspiring Africa's Sustainable Business Growth
SOUTH AFRICA – In line with its pursuit of brewing a better world, Heineken South Africa has officially launched its recently installed solar power plant at its Sedibeng, Midvaal brewery. The plant boasts of 14,000 panels having a significant 6.5MW of power, targeted to provide 30% of the brewery’s electricity demand. Unlike many solar plants in South Africa constructed in…
Read More
EGYPT – KarmSolar, a leading solar energy company and multi-utility enterprise in Egypt, has secured EGP47 million (US$2.39m) in funding for the first financed solar Power Purchase Agreement (PPA) battery storage system in Egypt. The funding was from Qatar National Bank ALAHLI (QNB ALAHLI) with an advisory led by Ezdaher Financial Advisory, an Egypt-based debt advisory firm. This is part…
Read More
DRC – The United States Agency for International Development (USAID) has allocated renewable energy company Baobab+ US$1.5 million to grow in the Democratic Republic of the Congo (DRC), giving access to electricity to enable access to finance. “We sincerely thank DIV for their support. This grant was key to our development. It allowed us to expand in the DRC and…
Read More
MEA – Yellow Door Energy, A renewable energy developer has raised US$400 million in a new funding round led by British private equity company Actis, the company’s largest stakeholder, as it plans expansion into new markets. The investment, which includes the purchase of current shares, will allow the company’s initial investors to exit, Yellow Door Energy said in a statement.…
Read More
EAST AFRICA – InfraCo Africa, the African development arm of the Private Infrastructure Development Group (PIDG), has partnered with Equatorial Power (EP), committing US$1.7 million to promote the use of clean energy and agro-processing in the Democratic Republic of the Congo (DRC) and Rwanda. Under the project, the companies seek to develop four new mini-grids and four agri-processing hubs (APHs)…
Read More
SOUTH AFRICA – As part of its sustainable strategy around energy management, Vodacom SA’s Midrand campus is being fitted with solar photovoltaic (PV) panels which will allow the headquarters to generate around 10.8 gigawatt-hours (GWh) of its own clean power every year – roughly 21% of its power consumption. “Everything we do is driven by our purpose to shape a…
Read More
AFRICA – d.light, a financer of residential solar energy solutions and transformational household products, has announced the appointment of Nick Imudia as its new Chief Executive Officer. With over two decades of experience scaling complex organizations, Mr. Imudia brings a high level of Africa expertise to d.light as the social impact company enters a new chapter of growth. Current CEO…
Read More
MALAWI – The US International Development Corporation (DFC) has committed to a US$25 million loan for Golomoti Solar, expanding renewable energy generation and storage in Malawi. The DFC’s Chief Executive Officer Scott Nathan signed a commitment letter for a US$25 million loan to support the Golomoti Solar project, a 20MW solar photovoltaic power plant and 5MW/10MWh battery energy storage system…
Read More
DRC – InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement with Equatorial Power (EP), committing US$1.7 million to scale the company’s innovative mini-grid model in the Democratic Republic of the Congo (DRC) and Rwanda. The project will see the companies co-develop four new mini-grids and four agri-processing hubs (APHs) on Idjwi Island, DRC, followed…
Read More
NIGERIA – CrossBoundary Energy Access Nigeria (CBEA) and ENGIE Energy Access Nigeria (ENGIE) have announced a project finance agreement to build a US$60 million portfolio of mini-grids that will connect over 150,000 people to electricity in Nigeria. ENGIE has developed a pipeline of mini-grids to build over the next four years. As part of the agreement, CBEA will finance all…
Read More