Energy

PETN will provide power for more than two million people. (Image source: Pexels/Pixabay)

Lekela, renewable power generation company that delivers utility-scale projects across Africa, has celebrated the inauguration of its flagship Parc Eolien Taiba N’Diaye (PETN) project in Senegal and groundbreaking on the 250MW West Bakr Wind project in Egypt

This wind project aims to be a major contribution to the electricity demand as the country aims to transition towards 100 per cent-renewable energy-based electricity production by 2030. (Image source: Steppinstars/Pixabay)

Africa Finance Corporation (AFC) has announced a US$63mn strategic investment to construct and operate a 60MW wind project in the Ghoubet area, near Lake Assal in Djibouti

Maximilian Jarrett is IEA’s first Africa programme manager to help expand the agency’s reach across the continent. (Image source: IEA)

The International Energy Agency (IEA) has appointed Maximilian Jarrett as its first Africa programme manager to help expand the agency’s reach and coordinate its work as it deepens its engagement across the continent

The aim is to improve the country’s power supply. (Image source: Scott/Pixabay)

The Nigerian government has signed an MoU with Siemens, the German electricity powerhouse, to improve the country’s power supply

Investors and banks need to coordinate and connect capital to promote sustainable development. (Image source: everythingpossible/Adobe Stock)

Standard Chartered is planning to provide US$40bn of project financing services for infrastructure to promote sustainable development and US$35bn of project financing services, M&A advisory and debt structuring services for renewables and cleantech projects by 2024

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