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INDUSTRY TRENDS

Home » Archive by Category "INDUSTRY TRENDS" (Page 12)
03 Nov
INDUSTRY TRENDS

DRC: Proparco finances Nuru for off-grid electrification in North Kivu

  • November 3, 2023
  • Posted by admin
According to the IEC, “more than 40,000 direct end-users will benefit from improved energy and street lighting services, bringing about transformative change in these vulnerable communities by powering essential services such as drinking water...

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02 Nov
INDUSTRY TRENDS

IFC gives $2.9bln to East African green economy businesses

  • November 2, 2023
  • Posted by admin
The International Finance Corporation (IFC) has given Kenya, Tanzania and the Democratic Republic of Congo (DRC) businesses $2.9 billion in long-term and short-term financing.Mary Porter Peschka, IFC Regional Director for Eastern Africa, said it...

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01 Nov
INDUSTRY TRENDS

NIGERIA: a tripartite partnership for electrification in Kogi, Nasarawa and Niger

  • November 1, 2023
  • Posted by admin
“We are delighted to put this new equity and debt at the service of Husk’s growth and to unleash the full economic and social potential of a generation of rural Africans and Asians, particularly...

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31 Oct
INDUSTRY TRENDS

Ghanaian startup Kofa partners Chinese EV manufacturer to launch e-bikes

  • October 31, 2023
  • Posted by admin
Ghanaian startup Kofa, a forerunner in battery network solutions, has partnered TAILG Group, a leading electric vehicle brand from China, to launch the Jidi electric motorcycle, equipped with an innovative battery swap technology. Kofa aims to create...

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30 Oct
INDUSTRY TRENDS

AFRICA: eight investors raise $103m for Husk’s solar mini-grids

  • October 30, 2023
  • Posted by admin
Several international financial institutions are providing $103 million to the US company Husk Power. This equity and debt financing will enable electrification via solar mini-grids in sub-Saharan Africa and South Asia.Electricity access provider Husk...

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27 Oct
INDUSTRY TRENDS

GHANA: the CIF grants $28m for electrification via solar mini-grids

  • October 27, 2023
  • Posted by admin
The funding mobilised will enable the distribution of environmentally-friendly stoves, renewable energies, low-carbon hydrogen and electric mobility. According to estimates by the Ghanaian government, these sectors should account for 90% of the targeted reduction...

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26 Oct
INDUSTRY TRENDS

A three-way partnership for electrification in Kogi, Nasarawa and Niger

  • October 26, 2023
  • Posted by admin
Nigeria's Rural Electrification Agency (REA) has signed a partnership for electrification via solar mini-grids with CrossBoundary Energy Access and Engie Energy Acces. At least 15 communities will be electrified in three Nigerian states.The partnership...

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25 Oct
INDUSTRY TRENDS

CHAD: Proparco finances €1.5 million for Ziz’s solar mini-grids in urban areas

  • October 25, 2023
  • Posted by admin
Ziz Energie obtains a new loan for the installation of its solar mini-grids in Chad. The €1.5 million loan is being provided by Proparco, a subsidiary of the French Development Agency  (AFD) group, to...

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24 Oct
INDUSTRY TRENDS

500,000 Jobs Created From Solar Interventions In Rural Areas – REA

  • October 24, 2023
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In a statement, the agency said it has been able to deploy over 1,650km of solar street lights, improving power, security and economic growth in rural areas.It stated that from 2020 to date, REA...

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21 Oct
INDUSTRY TRENDS

Agricultural Insurance + Energy Access: The Need for Cross-Sector Partnerships

  • October 21, 2023
  • Posted by admin
Last year, Bboxx launched a partnership with Pula, an agri-insurance technology company, to tackle these challenges. The two companies are working together to explore how providing income protection insurance to thousands of agricultural families in...

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