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EXCLUSIVE: UNEP offers grants of up to US$1 million to ease energy demand through sustainable cooling

United Nations Environment Programme’s (UNEP) call for proposals on sustainable cooling in Brazil, Ethiopia, Kenya, Morocco and Tunisia is open until 31 October. Grants from $200,000 to $1 million are available with 20% co-financing. The programme forms part of the drive to turn commitments made under the Global Cooling Pledge into practical action, a priority reinforced at the recent Global Cooling Pledge Assembly 2026 in Singapore
News

Petrobras takes 90% operating stake in eight Ivory Coast deepwater blocks

Petrobras has signed eight production-sharing contracts with the government of Ivory Coast to secure dominant positions across the offshore equatorial margin. The multi-basin entry marks an aggressive pivot by the Brazilian state major to anchor its international exploration expansion along the West African coast.
Finance

Nigeria Distributed Renewable Energy Fund achieves commercial launch to deploy localised equity

The Nigeria Sovereign Investment Authority and Africa50 have completed the commercial launch of the $300 million Nigeria Distributed Renewable Energy Fund at the United Nations General Assembly. Backed by the World Bank Group as a founding partner, the vehicle deploys equity into domestic developers to scale mini-grids and commercial solar infrastructure.
News

Cape provinces sign cross-boundary regulatory pact to accelerate Koruson wind cluster

The provincial administrations of the Eastern Cape and Northern Cape have executed a formal cooperative memorandum to eliminate structural permitting friction across the 940 MW Koruson clean energy corridor. The pact overrides municipal boundaries to create South Africa’s first unified administrative zone for trans-boundary private utility grids
Hydrogen

African Development Bank approves $20 million for green hydrogen hubs

The African Development Bank Group has allocated $20 million in reimbursable grants to advance utility-scale green hydrogen projects. The financing facility deployed through the Sustainable Energy Fund for Africa targets early-stage infrastructure engineering across four national corridors.
News

Senegal markets 109 oil and gas blocks to trigger 30% domestic power tariff cut

Energy Minister El Hadji Abdourahmane Diouf has opened a competitive upstream bidding round covering 109 blocks to force domestic gas-to-power allocations. The strategy marks an abrupt regulatory turn from offshore export terminal infrastructure toward local industrial consumption mandates.
Finance

TotalEnergies secures 1.8 billion dollars for African midstream infrastructure

TotalEnergies has agreed a 1.8-billion-dollar infrastructure deal with Global Infrastructure Partners, selling equity stakes in its African pipeline and export network. The transaction secures institutional capital from the BlackRock subsidiary while maintaining operational control through a fifteen-year throughput tariff framework.
Regional

High Stakes and Hard Lines in Kenya’s Power Grid Transition

Kenya Power has started work on a KSh900 million transmission line to connect Lodwar to the national grid, decommissioning a weather-vulnerable diesel generator facility that costs the utility the same amount to run annually.