Renewable Energy Becomes Top Unlisted Investment Choice in …
18 hours ago · While renewable energy has become the top choice for unlisted investments, more work is needed to remove financial and structural barriers. Analysts say strengthening regulations, encouraging public-private partnerships, and building local skills are key steps to support growth in this sector. In 2023, renewable energy attracted 37% of unlisted investments...
Homepage - Ecofin Agency
L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
EAAIF, FMO, and DEG grant 84 million euros to AXIAN Energy for …
17 hours ago · The Emerging Africa & Asia Infrastructure Fund (EAAIF) and the Dutch entrepreneurial development bank (FMO) acting as Co-Mandated Lead Arrangers, alongside Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG), have announced today a EUR 84 million investment in two photovoltaic solar plants with battery storage systems operated by AXIAN Energy in the...
Nigeria Invites South African Investors to Invest in Its Mining Sector
17 hours ago · Valued at $700 billion, Nigeria's mineral resources include iron, lithium, gold, and coal. To tap into this potential, the country launched several reforms in its mining sector, which currently contributes less than 1% to GDP. From November 6 to 9, 2024, the Nigerian Embassy in South Africa hosted the inaugural...
U.S. Provides $150 Million Loan for Africa's Largest Graphite Mine
Oct 31, 2024 · In September 2023, the United States announced a $150 million loan to Australia’s Syrah Resources, which operates Africa's largest graphite mine in Mozambique. The loan was contingent on meeting certain conditions, which have now been fulfilled. Syrah Resources confirmed yesterday, Oct.30, a $150 million binding loan agreement with the U.S.-based...
70% of Sub-Saharan Africans Prefer Local Food Brands (report)
4 days ago · With over 90% of businesses in Africa’s food sector being micro, small, or medium enterprises (MSMEs), the report highlights the need to promote economies of scale and shared production tools. This approach could help lower operating costs and meet African consumers' buying preferences better. About 70% of consumers in Sub-Saharan...
Economic information from Africa - Ecofin Agency
Feb 19, 2019 · L’agence Ecofin est une agence d’information économique africaine, créée en décembre 2010, basée à Yaoundé et à Genève. Elle rassemble une équipe de journalistes et d’experts, spécialisés dans les principaux secteurs africains de l’économie.
Africa Secures Record $52bn in Climate Funding in 2022, Report …
Oct 24, 2024 · The report highlights that this record is nearly four times below the continent's needs, which are projected to reach around $190 billion annually by 2030. Climate funding for African countries surpassed $50 billion for the first time in 2022, according to a report released on October 23 by the Climate...
COP28: African countries sign on to join pioneering global battery ...
Dec 4, 2023 · Several African countries have formally expressed interest to join the groundbreaking Battery Energy Storage Systems (BESS) Consortium, launched Saturday during COP28, which could revolutionise Africa’s energy landscape by developing advanced energy storage solutions through collaboration and innovation. Joining the BESS Consortium, a multistakeholder partnership initiative of the Global ...
AfricaGoGreen Fund closes $47M in new equity investments to …
Feb 17, 2023 · The AfricaGoGreen Fund (AGGF) has made headlines today with the announcement of its successful second fundraising close, securing $47 million in combined investments from top financial organizations, including the International Finance Corporation (IFC), the African Development Bank (AfDB), the Nordic Development Fund (NDF), and the Sustainable Energy Fund for Africa...