Energy

The opening ceremony was held at the ADNOC service station in Degla Maadi. (Image source: ADNOC)

ADNOC Distribution, a large fuel and convenience retailer, has announced the inauguration of three ADNOC service stations in Egypt

The funding from the African Development Fund and Korea’s Economic Development Cooperation Fund will contribute to improving the power grid in eastern Ethiopia. (Image source: African Development Bank)

The board of directors of the African Development Bank Group has approved US$104mn in financing to the Ethiopian government for the financing of a transmission project to improve power supply in the eastern part of the country 

The hybrid solar installations will help enhance connectivity for millions of users. (Image source: Adobe Stock)

Airtel, a leading telecommunications services company, has selected Watt Renewable Corporation (WATT), a provider of hybrid solar solutions, to deliver more than 32MW of installed solar and storage capacity across Nigeria 

The new utility company will be connected to Burundi’s existing transmission network operated by REGIDESO. (Image source: Adobe Stock)

In another story to emerge from Africa Climate Summit, which ran from 4-6 September in Nairobi, a new privately-owned and operated electricity distribution company for Burundi has been unveiled

The report explores ways to address these issues to help lower the cost of capital and support the creation of investable projects. (Image source: IEA)

According to a new report published by the International Energy Agency (IEA) and the African Development Bank (AfDB), in order to unlock a wave of clean energy spending in the continent, rapid action is required to improve access to capital and ease financing costs

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