NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

World Bank Allocates Nearly $300 Million to Support Renewable Energy Projects in Eastern and Southern Africa through Partnership with TDB

This platform aims to facilitate electricity access for up to 5 million people, clean cooking access for up to 1 million people, and add up to 35MW of energy capacity to the region.

Source

SolarQuarter (link opens in a new window)

Region

Sub-Saharan Africa

Tags

clean cooking, distribution, energy access, lending, off-grid energy, poverty alleviation, renewable energy, solar

Klick Foundation Pledges $850 Million to Cut Carbon Emissions in Ghana

The initiatives also promise substantial health benefits, particularly for women and children, and further advance Ghana's innovation ecosystem.

Source

BNN Breaking (link opens in a new window)

Categories

Energy, Health Care, Technology

Region

Sub-Saharan Africa

Tags

clean cooking, decarbonization, electric vehicles, employment, innovation, renewable energy

Press Release: Report: World Bank Urges Action for Gender Equality in Artisanal and Small-Scale Mining

The report advocates for gender-responsive legislation to safeguard women’s rights in mining and build a more sustainable sector.

Source

World Bank (link opens in a new window)

Categories

Energy, Health Care, WASH

Region

Global

Tags

data, gender equality, human rights, mining, regulations, renewable energy, research, sanitation

Press Release: IFC and SIMA Launch $150 Million Solar Green Bond for African Solar Developers alongside Finland and GEAPP

IFC, a member of the World Bank Group, in partnership with Social Investment Managers and Advisors LLC and other financiers have reached the first close of a $150 million solar green bond, which will finance productive-use solar projects throughout Africa.

Source

International Finance Corporation (link opens in a new window)

Categories

Energy, Environment, Investing

Region

Sub-Saharan Africa

Tags

impact bonds, MSMEs, partnerships, renewable energy

Press Release: Bboxx Commits to Africa’s Future as It Moves Global HQ to Rwanda

Bboxx is planning to train nearly 1000 more Rwandans in the next 5 years and invest USD$100 million in the country.

Source

Bboxx (link opens in a new window)

Categories

Energy, Technology

Region

Sub-Saharan Africa

Tags

business development, data, employment, innovation, public-private partnerships, renewable energy

Climate Finance: London Guarantees $239 Million from the African Development Bank for Benin and Mauritius

As part of the “Room to Run” (R2RS) program, the African Development Bank (AfDB) is lending $239 million to Benin and Mauritius.

Source

Afrik21 (link opens in a new window)

Categories

Investing, WASH

Region

Sub-Saharan Africa

Tags

climate finance, infrastructure, lending, renewable energy, sanitation, water

It Begins: Ethiopia Set to Become First Country to Ban Internal Combustion Cars

Ethiopia is trying to ban ICE vehicles now.

Source

Electrek (link opens in a new window)

Categories

Technology, Transportation

Region

Sub-Saharan Africa

Tags

electric vehicles, renewable energy

Press Release: KKR Closes US$6.4 Billion Asia Pacific Infrastructure Investors II Fund

At close, the Fund is the largest pan-regional infrastructure fund to have been raised for Asia Pacific.

Source

Business WIre (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

infrastructure, renewable energy, waste