aefTV 2022 – Dr. Kevin Kariuki, VP of the Power, Energy, Climate and Green Growth Complex – AfDB

With a new fund accelerate Africa’s transition to sustainable energy, EnergyNet spoke to Rachel Moré-Oshodi, CEO of ARM-Harith Infrastructure Investment, about de-risking investments, identifying opportunities, and catalyzing local capital at an unprecedented scale.   Congratulations on the anchor investment from AfDB into your Fund for Sustainable Infrastructure announced in December! How did this come about […]

WEST AFRICA: 16-Dec-2024: The Board of Directors of the African Development Bank Group has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to increase access to reliable electricity and modern transportation infrastructure as well as energy-efficient technologies in Nigeria and the wider West Africa region. The catalytic investment, to be sourced from the Bank-managed […]

Nelson Lage, President of ADENE –  Portuguese Energy Agency Volatility was a market term. Today, it defines energy. And through energy, the economy itself. What was once a technical variable has now become a macroeconomic force. Energy shapes inflation, investment, industry, and finances. Volatility is no longer an exception. It is part of the system. […]

President Cyril Ramaphosa officiates at Bethal in Mpumalanga today as the first 155MW phase of Ummbila Emoyeni begins commercial supply. Standard Bank and RMB financed the R4.8 billion phase, the opening stage of a build planned to pass 900MW across seven phases.

KETRACO has sent four privately initiated transmission proposals worth up to Ksh65bn to the PPP Directorate, testing the Act's own insolvency provisions.

The line was designed to relieve a central corridor running through Zimbabwe that carries most of Southern Africa's traded power. Initiated in 2008 and targeting an initial 300MW transfer, it remains at consultancy stage while the congestion it was meant to solve has grown.

Scatec signed a 25-year dollar-denominated agreement with Egypt's transmission company in January covering 1.95GW of solar and 3.9GWh of batteries. Capital expenditure, engineering scope and financing structure are still undisclosed. The company expects to close in the second half of this year.

The Africa Finance Corporation disbursed €43 million in April under the Poro Power Green Bond, the first project finance green bond in Côte d'Ivoire and across the West African Economic and Monetary Union. It forms part of a €65 million facility structured in euros and CFA francs, funding a 66MW solar plant at Korhogo.