Energy & Power

BBOXX signs US$31mn deal with AIIM

bboxx 16jAfrica Infrastructure Investment Managers (AIIM), though its AIIF3 fund, is investing US$31mn for a minority stake in BBOXX’s operations in Rwanda, Kenya and the Democratic Republic of Congo (DRC), in which about 10mn is expected to gain energy access

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AfDB approves funding for bankable energy projects

13898686786 ff50382b58 zThe African Development Bank (AfDB) group has announced that it has approved a US$32.5mn equity investment in Climate Investor One’s (CIO) Construction Equity Fund (CEF)

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Powering up health care in sub-Saharan Africa

image1170x530croppedThe governments in sub-Saharan Africa have partnered with the United Nations Development Programme (UNDP) to launch the Solar for Health initiative to install solar systems in rural health centres and clinics

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US and Senegal sign new MCC Senegal Power Compact

Senegal signing MCC COO Nash Minister Ba 800x592The US government’s Millennium Challenge Corporation (MCC) and the government of Senegal have signed the new five-year US$550mn MCC Senegal Power Compact

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GE connects financing and turbine technology to its wind project in Kenya

alternative alternative energy blades 687854GE Renewable Energy and GE Energy Financial Services (GE EFS) have partnered to provide technology and facilitate debt financing for an onshore wind project in sub-Sahara Africa

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