Written By: Faith Jemosop While the West debates climate goals and carbon taxes, China is doing something different. It’s a building. And in Africa, it’s building green. According to a May 2024 report by ODI Global, nearly 60% of China’s new energy projects in Africa are now renewable. That’s a remarkable shift for a country…
Written By: By Jemosop Faith, Faith specializes in energy conversations in Africa. Breaking down complex policy discussions into accessible, everyday conversations, she is a writer at Africa Digest News backed by 2+ years of focused experience. Micro, small, and medium-sized enterprises (MSMEs) operating within Kenya’s burgeoning renewable energy sector are poised for significant growth following…
South Africa is shifting gears, accelerating towards an electric future with a significant 1 billion Rand (approximately $54.27 million) investment aimed at bolstering local electric vehicle (EV) production. This strategic move isn’t just about financial commitment; it’s a powerful statement of intent, signaling South Africa’s determination to carve a prominent space in the burgeoning global…
South Africa is on the cusp of a transformative energy revolution, with the Northern Cape province at its epicenter. A colossal R740 billion investment is earmarked to unlock the region’s vast renewable energy potential, aiming to solve the nation’s persistent energy woes and pave the way for a sustainable future. South Africa has set an…
AMEA Power, a renewable energy company based in the UAE, has won two large battery energy storage system (BESS) projects in South Africa. The projects, named Gainfar and Boitekong, are each over 300 MW in capacity and located in the North West Province. The contracts were awarded under South Africa’s Battery Energy Storage Independent Power…
Kenya Electricity Generating Company (KenGen) is taking bold steps to develop an additional 800 megawatts (MW) of geothermal energy, reaffirming its leadership in Africa’s green energy transition. The initiative is part of a larger goal to add 1,500 MW of renewable energy to the national grid by 2030. With over 90% of Kenya’s electricity already…
CrossBoundary Energy has secured a major USD 140 million in senior debt funding from the Standard Bank of South Africa. The funding marks a big step for the company as it looks to expand its renewable energy projects across Africa, with a strong focus on Commercial and Industrial (C&I) clients. The financing is part of…
Kenya Electricity Generating Company (KenGen) has solidified its position as a leader in geothermal energy by signing a Sh250 million contract with the Eswatini Electricity Company (EEC). The partnership aims to conduct geoscientific studies for geothermal potential in Eswatini, marking a milestone in renewable energy development in Africa. With a focus on sustainability and energy…
The recent cancellation of a major energy deal involving Adani Energy Solutions in Kenya raises important questions about the challenges multinational companies face when dealing with local politics. The $736 million deal aimed to create a public-private partnership to build power transmission lines. However, President William Ruto suddenly canceled the agreement, citing growing concerns over…
Sanari Capital, a well-known private equity firm in South Africa, has recently invested R87.5 million (around $5 million) in Energenic Holdings. This investment aims to expand energy solutions across Africa, especially in regions with limited energy access and infrastructure. Energenic Holdings currently operates in over 32 African countries, offering essential energy solutions to sectors like…
