Renewables

ENGIE and NAREVA consortium to build 120MWp solar power plant in Tunisia

solar panel 918492 640The consortium led by ENGIE and NAREVA has been declared preferred bidder for the construction of the Gafsa photovoltaic power plant, which was launched as an international tender by the Tunisian Ministry of Mines and Energy and STEG (Société Tunisienne de l’Electricité et du Gaz)

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Bboxx signs MOU with DRC to provide electricity to 10 million citizens

Bboxx DRC Signing 21 Jan 2020Bboxx has signed a memorandum of understanding with the Government of the Democratic Republic of Congo (DRC) at the UK-Africa Investment Summit in London

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AfDB approves US$8.91mn grant for Ruzizi IV Hydro Power Project

Ruzizi hydroThe African Development Bank (AfDB) has approved a US$8.91mn grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support Ruzizi IV Hydropower Project, to be situated on the Ruzizi River between Rwanda and Congo

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AfDB-sponsored off-grid energy access fund reaches final equity close

renewable sustainableThe Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached final equity close with US$59mn in committed equity capital and US$36mn debt facilities, to support innovative, off-grid energy access companies

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AfDB’s US$20mn investment in Metier Fund for renewable energy programme

AfDB MetierThe African Development Bank (AfDB) has approved a US$20mn investment in the Metier Sustainable Capital International Fund II, which channels funds to renewable energy and resource-efficient infrastructure projects across sub-Saharan Africa

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