Today, Acumen launched Hardest-to-Reach, a $250 million initiative to activate clean energy markets in Africa’s underserved geographies.
Category: Energy
Africa: Energy, Renewable Energy, Green Energy, Gas, Oil, Electricity
“Decarbonising Nigeria is feasible with current power technologies – and will not cost more”: Wale Yusuff, Managing Director, Wärtsilä Nigeria
Meeting last week in Abuja and Lagos for the 2023 Energy Transition Forum, Nigeria’s leading energy experts have outlined the country’s roadmap to decarbonisation, and discussed what it will take to deliver universal access to clean energy for Nigerian households and businesses.
Crisis to Empowerment: Navigating Climate Challenges with Sustainable Energy Solutions
With the recent unprecedented changes in climate (with extreme weather events becoming more frequent and intense; the recent flooding in New York city, followed by the devastating storms and floods in the Western Cape) and as the climate continues to change, the infrastructure that we have long depended on is showing signs of strain. On that, it’s now more important than ever for South Africans to be choosing solar energy, being a clean and renewable source, as it not only reduces our dependence on fossil fuels but also ensures that we leave a healthier planet for future generations.
Harnessing Africa’s Potential: advancing ESG strategies for a sustainable future
The opportunities for building a sustainable future for Africa are at least as great as the challenges, writes Christian Toben, Head of Financial Institutions for Emerging Markets at Commerzbank. Here, he discusses some of the positive initiatives that are helping to drive forward the continent’s ESG agenda and the crucial role of financial institutions in supporting Africa’s potential to step onto the global stage as a green energy hub.
The Energy Loom: Crafting Africa’s Green Transition with Precision
The global discourse’s broad-brush strokes must make room for the local reality’s fine detail.
Statement from GEAPP on the Africa Climate Summit 2023
The Global Energy Alliance for People and Planet (GEAPP) commends HE President Ruto, the African Union, and all organisers and participants of the first Africa Climate Summit.
UAE Carbon Alliance pledges to purchase US$450 million in African carbon credits by 2030
The pledge by the UAE Carbon Alliance seeks to connect the high-integrity supply of African carbon credits to high demand from the Middle East.
d.light closes USD$125M funding through a securitization facility to meet growing demand for off-grid solar products in Tanzania
d.light, the global provider of transformational household products and affordable finance for low-income households, today announced a $30 million securitization facility has been successfully secured from the Eastern and Southern African Trade and Development Bank Group (TDB Group), with the capability to purchase up to $125 million of receivable assets.
Africa: Changes looming for carbon markets as developing economies implement laws around Paris Agreement commitments
In the last few years, the number of voluntary carbon markets has increased as a result of the operationalisation of the Paris Agreement and a general influx of investors into the sector.
Waste derived alternative fuels allowing massive CO2 emissions savings
Using waste derived fuels in major energy consuming industries is essential to bring down the CO2 emissions, and advancing toward circularity means including fossil fuel replacements into any industrial process going forward.