Egypt’s renewable energy sector has a potential opportunity of around US$13bn for private sector financing over the next five years, according to industry reports
Renewables
Rwanda and CIF to spend US$50mn on clean energy projects
Rwanda, along with Climate Investment Funds (CIF), will work to provide access to electricity to around 70 per cent of its population by 2018
UK’s Energy Africa to boost solar power in Nigeria
Nigerian vice-president Yemi Osinbanjo has signed an agreement with the UK government to increase the deployment of solar energy to the West African country’s rural communities
Financing secured for South Africa’s Redstone project
The Overseas Private Investment Corporation (OPIC) has signed an agreement with SolarReserve and ACWA Power to support the development of solar power in South Africa
DNV GL mapping wind potential in Africa
DNV GL has created prelimary wind atlases for Zambia, Tanzania and Maldives as part of a World Bank-funded energy management programme to encourage wind energy generation