Search Results for: energy
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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
Kenya Airways and Rubis Energy Sign Deal to Build Africa’s First Dedicated SAF Refinery
Kenya Airways and Rubis Energy Kenya, the local unit of French energy group Rubis, have signed a memorandum of understanding to develop what the two companies are billing as Africa’s first dedicated sustainable aviation fuel (SAF) refinery, in a deal that signals a significant escalation of the national carrier’s decarbonisation ambitions. The planned facility is expected to have a production…
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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
Funding Push Puts Africa’s Energy Gap in Focus
A new funding commitment of more than $1,1 billion by the European Investment Bank is set to accelerate renewable energy projects across Africa, but experts say it will only begin to address a deeper, systemic electricity deficit affecting millions across the continent. “This level of investment is important in catalysing renewable energy development, particularly in scalable projects, grid infrastructure and…
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ENERGY
Crown Paints Commits to Renewable Energy for a Greener Future
Crown Paints Plc yesterday joined the global community in commemorating World Earth Day 2026 under the theme “Our Power, Our Planet,” reaffirming its commitment to sustainable practices and the transition towards renewable energy. Over the years, the paint manufacturer has continued to entrench environmentally responsible practices across its operations, underscoring the important role businesses play in tackling climate change and…
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NEWS
Plexus Energy and Growatt Partner to Advance Solar Energy Solutions in Kenya
Kenyan clean energy firm Plexus Energy has announced an exclusive partnership with Growatt, one of the world’s largest solar inverter manufacturers, in a deal that will see the Chinese company’s technology distributed across Kenya and the broader East African region for the first time. The partnership was unveiled at a launch event at Pride Inn Westlands in Nairobi on Monday,…
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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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ENERGY
Nominations Officially Open for African Energy Awards 2026
Nominations for the African Energy Awards 2026 are officially open, with entries open until May 30. Taking place during the upcoming African Energy Week (AEW): Invest in African Energies Conference and Exhibition – scheduled for October 12-16, 2026, in Cape Town – the awards celebrate the companies, projects and individuals driving innovation, investment and impact across Africa’s energy landscape. Held…
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