Mulilo and Scatec Secure 616 MW of Battery Storage in South Africa’s BESIPPPP Round 3 ⚡🔋🇿🇦

South Africa’s energy landscape is undergoing a significant transformation as the Department of Mineral Resources and Energy (DMRE) announces the preferred bidders for the third round of the Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP). 🌍 This initiative aims to bolster the country’s grid stability and reduce reliance on aging coal-fired power plants.ContinueContinue reading “Mulilo and Scatec Secure 616 MW of Battery Storage in South Africa’s BESIPPPP Round 3 ⚡🔋🇿🇦”

Mirova Supports EDF’s Off-Grid Expansion Across Africa With $10M Loan 🌍⚡💰

Connecting the Unconnected: EDF’s Ambitious Energy Access Plan 🔌🌍📈 EDF Renewables, through its “EDF Energy For All” platform, has received a USD 10 million debt financing boost from Mirova’s Gigaton Fund. This strategic funding is set to accelerate EDF’s mission to provide clean, off-grid energy solutions across four African nations: Côte d’Ivoire, South Africa, Cameroon,ContinueContinue reading “Mirova Supports EDF’s Off-Grid Expansion Across Africa With $10M Loan 🌍⚡💰”

Zambia’s Solar Surge: Datang Environment’s 100 MW Project Gains Momentum

Strategic Milestone for Renewable Energy in Zambia Zambia’s Ministry of Energy has officially approved the feasibility study prepared by Datang Environment for a 100 MW solar photovoltaic (PV) project. This endorsement signals a major advance for Zambia’s transition toward renewable energy, especially in the face of recurring power shortages and climate-induced hydropower instability. ⚡🌞📊 DatangContinueContinue reading “Zambia’s Solar Surge: Datang Environment’s 100 MW Project Gains Momentum”

Wind-Driven Solutions: Morocco Builds Africa’s Largest Desalination Plant

Morocco is embarking on a transformative journey to address its escalating water scarcity challenges. The nation is constructing Africa’s largest desalination plant in Casablanca, powered entirely by renewable energy. This initiative not only aims to secure water resources but also sets a precedent for sustainable infrastructure development on the continent. 🌍💧⚡ A Strategic Response toContinueContinue reading “Wind-Driven Solutions: Morocco Builds Africa’s Largest Desalination Plant”

Ninety One’s EAAIF Secures USD 325m in New Debt Facilities🌍💸📈

Infrastructure Capital Mobilisation Accelerates 🚀🏦📊 The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One and part of the Private Infrastructure Development Group (PIDG), has closed USD 325 million in new debt facilities from a global group of financial institutions. This new round pushes EAAIF’s recent capital commitments to USD 620 million, surpassingContinueContinue reading “Ninety One’s EAAIF Secures USD 325m in New Debt Facilities🌍💸📈”

TAQA Consortium Launches MAD 130bn Energy and Water Infrastructure Programme in Morocco 🌍⚡📊

Massive Public-Private Investment to Strengthen Moroccan Infrastructure 🏗️🇲🇦🔌 TAQA Morocco, in partnership with Nareva and the Mohammed VI Investment Fund, has unveiled a transformative MAD 130 billion (EUR 12.5 billion) programme to overhaul Morocco’s power and water infrastructure by 2030. This initiative stems from a bilateral declaration between Morocco and the UAE and features threeContinueContinue reading “TAQA Consortium Launches MAD 130bn Energy and Water Infrastructure Programme in Morocco 🌍⚡📊”

Africa50 Joins Forces to Co-Develop 125 MW Gas Power Plant in Gabon: Financial Modelling Insights 🌍⚙️📊

Africa50 has announced its partnership in co-developing the 125 MW Orinko gas-to-power project in Gabon, aligning with the country’s ambition to strengthen energy infrastructure and reduce reliance on imported fuels. The project, located in Owendo near Libreville, is expected to enhance Gabon’s base-load power generation using domestically sourced gas. 🔋🏗️🌿 Key Stakeholders and Ownership StructureContinueContinue reading “Africa50 Joins Forces to Co-Develop 125 MW Gas Power Plant in Gabon: Financial Modelling Insights 🌍⚙️📊”

Scaling Renewable Energy Access in Nigeria: Konexa-CFM-Norfund Partnership 🌍📈🔋

Quick Overview: $3.6M for a Big Impact 🌞💰📊 Konexa, Climate Fund Managers (CFM), and Norfund agreed to invest $3.6 million into Nigeria’s renewable energy sector, specifically focusing on solar power and improved grid infrastructure. Although $3.6 million might seem small compared to the overall energy needs, it’s part of a strategic plan that could unlockContinueContinue reading “Scaling Renewable Energy Access in Nigeria: Konexa-CFM-Norfund Partnership 🌍📈🔋”

European DFIs Commit $80 Million to BluePeak’s Pan-African Private Credit Fund

Catalyzing Africa’s Mid-Market Growth through Private Credit On May 13, 2025, four major European Development Finance Institutions—British International Investment (BII), FMO, Swedfund, and the Swiss Investment Fund for Emerging Markets (SIFEM)—announced a joint $80 million commitment to BluePeak Private Capital Fund II (BPCF II). This move is poised to address the critical funding gap forContinueContinue reading “European DFIs Commit $80 Million to BluePeak’s Pan-African Private Credit Fund”

IFC Drives Green Urban Mobility in Dakar: A Financial Modeller’s Perspective on Senegal’s Transit Transformation

Strategic PPPs to Reinvent Dakar’s Urban Mobility The International Finance Corporation (IFC) signed four key public-private partnership (PPP) agreements with CETUD (Executive Council for Urban Transport in Dakar), setting the stage for a transformative shift in Senegal’s urban transport ecosystem. These partnerships reflect a growing global trend: leveraging private capital and innovation to design sustainable,ContinueContinue reading “IFC Drives Green Urban Mobility in Dakar: A Financial Modeller’s Perspective on Senegal’s Transit Transformation”