Skip to content

Finance

Multiple wind turbines set against a sunset sky
All articles Finance Page 5
All
Finance

European Investors In Readiness As Energy, Minerals, And Mining Ministers From Across Africa Prepare For Barcelona

More than 33 ministers and 100 high-level public sector officials from across Africa will travel to Spain for the 26th edition of the Africa Energy Forum (aef), 25-28 June, at the Fira de Montjuïc, Barcelona.   With Spain’s commitment of $2.3 billion in funding to South Africa and its recently announced support for green hydrogen […]
Finance

Dfc, Sierra Leone Promote Access To Reliable Energy With Up To $412 Million In Additional Financing And Political Risk Insurance

DALLAS, TEXAS – The U.S. International Development Finance Corporation’s (DFC) Deputy Chief Executive Officer (DCEO) Nisha Biswal and Chief Minister of Sierra Leone David Moinina Sengeh today announced up to $412 million in financing and political risk insurance in support of the country’s plans to address rolling blackouts and expand its power system through renewable […]
Finance

Globeleq to Build Africa’s Largest Standalone Battery Energy Storage System in South Africa

This new reliable energy infrastructure will help tackle load-shedding – and keep the lights on. Globeleq, the leading independent power company in Africa, announced on Friday 5 April that its Red Sands project in the Northern Cape has been awarded Preferred Bidder status in South Africa’s Energy Storage Capacity Independent Power Producer Procurement Programme (ESIPPPP). […]
Finance

Washington D.C. to Showcase African Energy Opportunities to U.S Investors at the 9th Powering Africa Summit (PAS24) this March

The Honorable Judith Pryor, First Vice President & Vice Chair, Export-Import Bank of the United States (EXIM) will join the U.S. Government-led partnership, summit sponsor and PAS24 co-host, Power Africa, as well as ministers, government organizations, regulators and DFIs between 5-6 March at The Mayflower Hotel in Washington D.C. Government stakeholders, institutional investors, private financiers, […]
Finance

Meridiam and Rift Valley Energy – transforming the Tanzanian power mix

In July 2023, Meridiam announced its acquisition of Rift Valley Energy (RVE), in a move set to grow its renewable energy portfolio and support rural electrification in southern Tanzania. With both companies speaking at the 5th Tanzania Energy Cooperation Summit (TECS24), EnergyNet caught up with Michael Gratwicke, CEO of RVE, and Matthieu Odoux, Senior Associate at Meridiam. […]
Finance

Tanzania and EAC at the centre of regional transmission expansion: Tanzania Energy Cooperation Summit 2024

Confirmed as one of the most stable and important investment destinations on the continent, Tanzania prepares to host the fifth annual Tanzania Energy Cooperation Summit (TECS) from 31 January to 1 February 2024 in Arusha, home of the East African Community (EAC). Investors from across industry, finance and government are convening to showcase Tanzania’s potential. […]
Finance

Power Africa: on accelerating energy access and the importance of in-depth conversations at PAS24

The Powering Africa Summit (PAS24) will mark the close of Power Africa’s 10th year Anniversary celebrations. As summit hosts, Power Africa talks to EnergyNet about the ideas, goals and opportunities to be discussed in March.  Why is PAS 2024 important for Power Africa? The Powering Africa Summit 2024 is important for Power Africa because we are going […]
Finance

The Green Continent

Africa’s huge energy resources mean the continent is well placed to capitalise on gathering momentum behind clean energy technologies, if investment can be mobilised, reports Ian Lewis IRENA estimates that if Africa pursues an ambitious energy transition pathway, more than 12m transition-related new jobs could be created for 2019-2030. Africa’s energy sector is emerging blinking […]
Finance

Scaling up or scaling back?

Achieving the best funding model for renewable energy schemes is proving a challenge, but patience will be key, writes James Gavin When the World Bank’s Scaling Solar iniative was recently called “a victim of its own success”, the response from the Bank’s private sector arm, the International Finance Corporation (IFC) was suitably pithy. A letter […]
Finance

An All-of-Alliance Approach to Access

Collaboration is required to drive down the cost of much-needed clean energy solutions Africa urgently needs to find more innovative ways of connecting public and private investment to close the finance gap, to accelerate the transition to cleaner energies, and to ensure universal access to electricity on the continent. No one actor can solve this. Rather, a […]
Finance

Mission Critical: How Africa can Profit from its Mineral Boom

Africa has at least a fifth of the world’s reserves in a dozen minerals that are critical for the energy transition. With China and the US desperate for supplies, how can the continent harness this extraordinary opportunity? Writes David Thomas In the tree-topped southern hills of Mozambique’s Cabo Delgado province, the sprawling Balama mining complex […]
Finance

Geothermal Race Heats up Africa

Kenya has led the way in developing its geothermal energy resources – with support from the land of ice and fire, Iceland. Can its neighbours catch up? Reports Ben Payton Africa is breaking apart – literally. From the Gulf of Aden in the north, all the way to Mozambique in the south, the African continental […]

Energy news

Energy access

MCA delivers Africa’s largest off-grid renewable energy system in Angola

The Cazombo Photovoltaic Park in Angola, which will supply green energy to more than 136,000 people, has a production capacity of 25.40 MWp and batteries with a storage capacity of 75.26 MWh MCA has just energised Africa’s largest off-grid renewable energy photovoltaic park in Angola. This is the country’s first autonomous (off-grid) system with a […]
News

GenVision, Tatanga Energy and AMDG Energy partner to develop 300 MW Solar Power Project in Zambia’s Copperbelt

GenVision, Tatanga Energy and AMDG Energy are pleased to announce the signing of an agreement to jointly develop a landmark 300 megawatt (MW) solar photovoltaic power project with up to 800 megawatt hours (MWh) of battery storage in Zambia’s Copperbelt region. The project, located approximately 10 kilometers north of Kitwe, represents one of the most […]
Arts/Energy

ENN Book Club: The Black History Month Edit 

In October, Black History Month is celebrated in the United Kingdom, and in February, it is celebrated in the United States. Black History is not confined to a single month: it encompasses the past, present, and future, shaping the world we live in today. Through literature, stories, and lived experiences, we gain insight into resilience, creativity, and the pursuit of justice.  In this […]
Finance

EBRD finances Infinity Power’s first greenfield wind farm in Egypt

US$ 74.1 million for 200 MW wind farm The European Bank for Reconstruction and Development (EBRD) contin ues to champion Egypt’s renewable energy ambitions with a new funding arrangement for the development and construction of a 200 MW wind farm in the Ras Ghareb region. The EBRD is providing a comprehensive financing package of US$74.1 […]
East Africa

Schneider Electric – the Future is Digital

Ifeanyi Odoh, Country President East Africa, Schneider Electric, spoke to EnergyNet about the new energy landscape, sustainability, the significance of data centres for East Africa, and the importance of digital infrastructure in powering the future. What is the New Energy Landscape, and what does it mean for sustainability? The New Energy Landscape is a new […]
East Africa

TAQA Arabia – Pioneering CNG Solutions for East Africa

EnergyNet spoke with Adly Kafafy, Vice President Africa & New Ventures, TAQA Arabia, to find out about Tanzania’s first integrated CNG filling station and conversion centre, the country’s new LNG Virtual Pipeline, and the role of natural gas for the future. You have launched Tanzania’s first integrated compressed natural gas (CNG) filling station and conversion […]
East Africa

PRESS RELEASE: How the East African Community (EAC) is set to Catalyse Digital Infrastructure and Regional Energy Integration

With data centres set to account for 20% of global energy use by 2050, is East Africa on the precipice of a global gold rush as it showcases a wealth of bankable businesses and unparalleled new energy potential? In 2024, following EnergyNet’s Powering Africa Summit in Washington DC, USA, Mara Holdings signalled their intent to […]
Finance

Africa urged to seize role in US critical minerals supply

WASHINGTON, October 9, 2025, ENN: African nations should position themselves as key partners for the United States in securing supplies of critical minerals essential to modern industries, according to a new report from the Washington DC-based Brookings Institution. The report, Leveraging US–Africa Critical Mineral Opportunities: Strategies for Success, argues that Africa’s mineral wealth and improving […]
Energy access

“My Favorite Part of the Job? Bringing Customers’ Dreams to Life with Electricity.”

Nicole Poindexter founded Energicity in 2015 to solve the problem of bringing sustainable electricity to unserved rural communities in Africa. She spoke to EnergyNet about her latest projects in Liberia, the power of partnerships – and why it’s critical to bring Africa to the United States. You have just commissioned two mini-grids in Liberia – congratulations and please tell […]
Finance

Powering Ghana’s Future: How energy infrastructure is fuelling industrial growth

Gas is driving Ghana’s industrial transformation – and Stanbic Bank Ghana is at the centre of it, financing the infrastructure that powers its progress. As African countries pursue sustainable economic transformation, Ghana stands out for its strategic use of energy resources to drive industrialisation, stimulate job creation, and build resilience in key sectors. At the […]
Energy access

Ghana to Spotlight Regional Resilience and Clean Energy Opportunities at WAECS 2025

ACCRA, Ghana, 29 October 2025, EnergyNet: Ghana’s Ministry of Energy and Green Transition has been confirmed as Patron of the West Africa Energy Cooperation Summit (WAECS), to be held in Accra from 2–3 December 2025. The Summit brings together regional government leaders, investors, and industry partners to showcase investment opportunities and regional energy integration developments […]
Finance

Zambia and Zimbabwe Throw Open Their Energy Sectors as Private Capital Rushes to Light Millions

Mozel Chimuka, Agora Village, AfricaWorks | LUSAKA, 27 November 2025 — Nearly ten million Zambians have never switched on a light in their own homes. Across the border, Zimbabwe’s national utility connects 50,000 households per year; its new binding commitment demands 320,000. Both nations have now staked billions on pledges to achieve universal electricity access […]
Finance

Unlock the Billion Dollar Vault Hidden Inside Zimbabwe’s Energy Liberalisation

Mozel Chimuka, Agora Village, AfricaWorks | LUSAKA, 27 November 2025 — Zimbabwe currently generates significantly less electricity than required to keep basic lights on, yet the government audaciously demands that private investors triple available capacity within six short years to feed a voracious mining beast that never sleeps. This paradoxical mandate requires the state to […]
Take a look back: aef 2019 Country Spotlight, Zimbabwe
Southern Africa

Take a look back: aef 2019 Country Spotlight, Zimbabwe

The Africa Energy Forum 2025

The Africa Energy Forum 2025

Leadership

Aadil Cajee, Standard Bank | Africa Energy Forum 2025

Honourable Ruth Nankabirwa Ssentamu | Africa Energy Forum 2025
Leadership

Honourable Ruth Nankabirwa Ssentamu | Africa Energy Forum 2025

Kimberly Heimert Interview | Powering Africa Summit (PAS)
Leadership

Kimberly Heimert Interview | Powering Africa Summit (PAS)

Akinwole II Omoboriowo Interview | Powering Africa Summit (PAS)
Leadership

Akinwole II Omoboriowo Interview | Powering Africa Summit (PAS)

Adam Cortese Interview | Powering Africa Summit (PAS)
Leadership

Adam Cortese Interview | Powering Africa Summit (PAS)

Andrew Herscowitz Interview | Powering Africa Summit (PAS)
Leadership

Andrew Herscowitz Interview | Powering Africa Summit (PAS)

Podcast

Harry Boyd-Carpenter on Making Coal-to-Clean Energy Transitions Work

Finance

Building Utility-Scale Renewables in Africa: Insights from Stuart MacWilliam at Mulilo

Finance

Standard Bank’s Rentia van Tonder & Aadil Cajee: The Strategic Role of Finance in Energy

Finance

Advancing Energy Access in Africa – A Conversation with Zaheer Khan at Trina Solar

Finance

Beyond the Grid: Financing Southern Africa’s Energy Revolution with Standard Bank