The African Development Bank (AfDB) has approved an equity investment of up to US$25mn in ARCH Africa Renewable Power Fund (ARPF), a US$250mn private equity fund for renewable energy projects across Sub-Saharan Africa
Renewables
AfDB approves funding for bankable energy projects
The 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)
Powering up health care in sub-Saharan Africa
The 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
GE connects financing and turbine technology to its wind project in Kenya
GE 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
UK invests US$126.62mn for renewable energy projects in Africa
The UK government has announced US$126.62mn funding to build and develop electricity infrastructure for the people in sub-Saharan Africa