Search Results for: clean energy
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ENERGY
East Africa’s Clean Energy Startups Draw Attention as Funding Gap Persists
A growing pipeline of clean energy businesses across East Africa is attracting attention from investors and development agencies, yet many young companies remain unable to secure the capital needed to expand. That challenge emerged during discussions in Nairobi involving entrepreneurs, financiers and ecosystem organisations working in the region’s energy transition sector. Participants pointed to a mismatch between rising interest in…
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ENERGY
Proparco Commits €300 Million to Back AXIAN’s Digital and Clean Energy Push Across Africa
French development finance institution Proparco has announced a EUR 300 million financing commitment to support AXIAN Group’s digital and energy operations across Africa. The deal was formalised through a Memorandum of Understanding signed with AXIAN Energy and its digital subsidiary Yas at the Africa Forward Summit in Nairobi. The three-year agreement positions Proparco as a strategic financing partner for AXIAN’s…
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NEWS
Why Africa Must Put Women and Youth at the Center of Clean Energy Transition
Africa’s clean energy transition will only be fast, just, and investable if women and young people are treated as producers, workers, innovators, and decision-makers, and not merely as end users of clean energy solutions. A pivotal moment for policy choices Across the continent, energy poverty remains a defining constraint on inclusive and sustainable development. Around 666 million people globally still…
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ENERGY
New $11.3 Million Facility to Bring Clean Energy to Nearly a Million People in Africa’s Conflict Zones
The African Development Bank Group has approved a $5.65 million grant to pilot a first-of-its-kind financing mechanism designed to solve one of clean energy’s most stubborn problems: getting capital into places where commercial lenders won’t go. The Peace Renewable Energy Certificate (P-REC) Aggregation Facility, co-financed with an equivalent contribution from the Nordic Development Fund, will direct a combined $11.3 million…
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RENEWABLE ENERGY
Regulation Is Central In Unlocking The Untapped Potential Of Solar Water Heating In Kenya’s Clean Energy Future
On 21st November 2025, in a carnival mood at Belem, Brazil, participants from 198 Parties – commonly known as member countries – closed shop at the Conference of Parties (COP) 30 of the United Nations Framework Convention on Climate Change (UNFCCC). Even though there were no concrete agreements on phasing out fossil fuels, the five core objectives agreed upon centred…
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GREEN FINANCE
Dilip Pal: How Green Financing is Powering the Future of Kenya’s Clean Energy
Kenya’s energy and capital markets are changing in ways that quietly shape daily life, from how phones stay connected in remote areas to how investors think about risk and return. As the country deepens its commitment to clean power, green financing is emerging as a practical tool to fund that transition at scale. Kenya already stands out in Africa for…
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NEWS
Clean Energy Dominates Kenya Venture Capital in 2025
Venture capital tends to carry a story about expansion. More deals, more founders, more ideas entering the market. Yet the numbers coming out of Kenya’s startup ecosystem in 2025 tell a more complicated story, one where funding grew in volume while narrowing in reach. Out of Sh141 billion raised by Kenya-based startups last year, Sh98.5 billion flowed into four companies.…
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ENERGY
Solar-Powered Tech: Why Africa is becoming the global leader in clean energy innovation
Africa is rising as the most recognized and innovative continent in the clean energy sector, a shift that global regions plagued by the negative impacts of climate change are watching closely. The surge in solar power usage across Africa is being driven by a powerful combination of necessity, inventiveness, and technology. With its abundance of daily sunlight, the continent is…
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ENERGY
Sun King Targets Clean Energy for 200 Million People by 2030
Sun King, the world’s largest off-grid solar energy company, has announced a record-breaking commitment to deploy over 50 million new solar kits across Africa between 2026 and 2030. The announcement was made on stage at Global Citizen NOW: Johannesburg 2025, coinciding with the gathering of global leaders for the first G20 summit on African soil. The pledge amounts to over…
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NEWS
AERC Study Calls for Urgent Policy Action to Expand Clean Energy Access for Women in Rural Kenya
A new study by the Africa Economic Research Consortium (AERC) has urged policymakers to fast-track access to clean cooking energy solutions, particularly for women in rural areas who remain disproportionately affected by rising fuel costs. The research, titled “Gendered Differences in Household Cooking Coping Strategies for the Russia-Ukraine War in Kenya”, found that the war disrupted global supply chains, driving…
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