Energy

Global electricity demand is growing faster than renewables, says IEA

Renewables will only be able to meet around half the projected increase in global electricity demand over the next two years, according to the new IEA report. (Image source: Adobe Stock)

Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a report from the International Energy Agency (IEA)

Sustainable Energy Fund for Africa reports record number of transactions in 2020

SEFA focuses on green baseload, green mini-grid, and energy efficiency investments. (Image source: Adobe Stock)

The Sustainable Energy Fund for Africa (SEFA) has approved seven high-impact projects worth US$54mn in 2020, despite COVID-19 conditions, according to its 2020 Annual Report

African Development Fund extends grant to boost Ethiopia-Djibouti electricity trade

The funds comprise a US$69.65mn grant to Ethiopia and a second grant of US$13.93mn to Djibouti. (Image source: Adobe Stock)

The Board of Directors of the African Development Bank (AfDB) has approved two grants worth US$83.6mn to boost cross-border trade in electricity between Ethiopia and Djibouti and to deepen integration in the Horn of Africa sub-region

Nigeria’s ‘under grid’ project in Mokoloki leads the way in distributed generation

Mokolokis under grid mini-grid is a pioneering example of distributed generation. (Image source: Nayo Tropical Technology)

The rural village based in Ogun State in Nigeria has partnered up with Nayo Tropical Technologies, Ibadan Electricity Distribution Company (IBEDC) and Rocky Mountain Institute (RMI) to install Nigerias first commercial under grid mini-grid project

Sasol, IDC sign MOC to co-develop South Africa’s hydrogen economy

Sasol and the IDC will develop pilot and commercial scale hydrogen projects to pioneer viable and sustainable solutions. (Image source: Adobe Stock)

Sasol and the Industrial Development Corporation of South Africa Limited (IDC) have concluded a memorandum of cooperation (MOC) to jointly develop and shape an enabling environment to advance South Africa’s green hydrogen economy

Africa Energy Indaba will address Sub-Saharan power crisis

A carmix concrete mixer at work in Namibia.

The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)

Carmix machinery to support canal reconstruction in Namibia

President_Ruto_Kenya_President_Oramah_Afreximbank_Mombasa_logistics_parks

President William Ruto of Kenya and president Benedict Oramah of Afreximbank in Mombasa, Kenya. (Image source: Afreximbank)

Afreximbank to boost Kenya’s logistics sector

All models support Volvo Dig Assist, an optional intelligent machine control system that enhances excavation accuracy and efficiency. (Image source: Volvo CE)