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BMZ, KfW Creating Clean Energy and Energy Inclusion for Africa (CEI Africa) with Goals Including to Enable Diaspora Investments via Crowdfunding
Two German institutions, Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) and KfW, which was formerly known as Kreditanstalt für Wiederaufbau, are launching a foundation called Clean Energy and Energy Inclusion for Africa (CEI Africa).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Universal Energy Access is Within Reach — If the Sector Survives COVID-19: Here’s How Funders Can Help
Before COVID-19 struck, the energy access sector was booming, delivering renewable power to 470 million people, creating 370,000 jobs and avoiding 74 million metric tons of greenhouse gas emissions over the past decade. But as Sarah Bieber at Acumen and Henry Gonzalez at Green Climate Fund point out, the pandemic has put that progress at risk, as dwindling investment, decreased customer income and dramatic price increases have created a crisis for energy access companies. They explore how funders can help get the sector back on track.
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Asian Development Bank Approves $600 Million Loan To Help PLN Improve Electricity Services in Java Island
The Sustainable and Reliable Energy Access Program will rehabilitate, strengthen, and expand PLN’s power grid and promote clean energy use.
- Categories
- Energy
- Region
- South Asia
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World Bank $150 Million Project To Boost Electrification in Somalia
According to International Development Association, the project will increase access to cleaner, lower-cost electricity for 1.1 million households in Somalia.
- Categories
- Energy
- Region
- North Africa & Near East
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World Bank Approves Renewable Energy Project Loans to Cabo Verde, Africa
The World Bank approved an International Development Association credit and an International Bank for Reconstruction and Development loan for the Renewable Energy and Improved Utility Performance Project for Cabo Verde in Western Africa.
- Categories
- Energy
- Region
- North Africa & Near East
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Cooling, Cold Chain Advances Energy Efficiency for Food, Vaccines in Africa
The Africa Centre of Excellence for Sustainable Cooling and Cold Chain (ACES) is about to enhance its reach through a network of Specialised Outreach and Knowledge Establishments (SPOKEs).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Report: Grid Challenges Are a Massive Obstacle to Africa’s Access to Energy
RES4Africa and PwC have released a new study Private Sector Participation in African Grid Development. The study identifies underfinancing, inefficiency and insufficient extension of electricity grids as the main obstacles to Africa’s access to energy.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access
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Malawi $1 Billion Energy Deal To Boost Economy
Malawi is open for business: The East African country is pursuing various investment and trade deals to help boost their economy and in line with this have signed a $1 billion deal with Egyptian multinational electrical company, Elsewedy Electric.
- Region
- Sub-Saharan Africa
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