WeLight raises €27m for Nigeria, DRC mini-grid expansion
WeLight, a solar mini-grid operator active in Madagascar and Mali, has raised €27 million ($31 million) in a combined equity ...
Tag: Renewable Energy
Federal Government Fuel Spending More Than Doubles as Rising Energy Costs Hit Public Agencies
The Federal Government spent a total of N11.85 billion on fuel for vehicles and generators between January and April 2026, ...
Nestlé and Uber Urge Governments to Speed Electrification Push
Global corporations including Nestlé and Uber are intensifying calls on governments to accelerate electrification policies as energy shocks expose vulnerabilities ...
AfDB Becomes First International Shareholder in EBID with $30m Investment
The ECOWAS Bank for Investment and Development (EBID) has achieved a major milestone after the African Development Bank Group (AfDB) ...
Clean Energy Attracts Record $2.2 Trillion as Global Investment Shifts Away from Fossil Fuels
The global energy industry is witnessing a major transformation as investments in clean energy continue to outpace spending on fossil ...
CREI Secures $90 Million to Expand Renewable Energy for Telecom Networks Across Africa
Communication & Renewable Energy Infrastructure (CREI), a company that provides energy solutions for telecommunications infrastructure, has secured $90 million in ...
Mission 300 Brings Electricity to Over 50 Million Africans in Major Energy Milestone
The World Bank and the African Development Bank (AfDB) have announced a major achievement under their joint electricity project known ...
Nigeria Moves Closer to Battery Storage Adoption to Strengthen National Power Grid
Nigeria has taken another step toward improving the reliability of its electricity supply as the Transmission Company of Nigeria (TCN), ...
Sterling Bank, Daystar Power Launch New Financing Plan to Boost Clean Energy Adoption
Nigeria’s business sector is set to benefit from improved access to clean and affordable energy following the expansion of a ...
Sahara Group Launches $50,000 Innovation Challenge to Boost Africa’s Energy Future
Sahara Group has unveiled a new $50,000 innovation programme aimed at accelerating Africa’s energy transition and encouraging researchers to develop ...
