- Shareholders pressure Glencore spin off and disposal of coal business in two years
- Airtel Africa launches new data centre business Nxtra
- How Africa can cushion the blow of China’s economic slowdown
- Business conditions in Kenya remain in a steep decline amid inflationary pressures
- Making waves: Zanzibar’s quest to become Africa’s new tech hub
- Costly loans loom large as Kenya’s Central Bank hikes rate to 12.5 per cent
- Falling commodity prices dampen Zimbabwe’s 2024 economic growth prospects
- Youth-led African enterprises awarded $800,000 at COP28 for climate solutions
Browsing: Africa renewable energy
- In Berlin, German Chancellor Olaf Scholz says his country will invest 4 billion euros in Africa’s green energy until 2030.
- Scholz made the green energy plans after meeting African leaders and heads of international organizations during the G20 Compact with Africa conference.
- Compact with Africa was initiated by Germany in 2017 during its presidency of the G20 to improve conditions for sustainable private sector investment and investment in infrastructure in Africa.
The government of Germany has pledged to invest $4.37 billion (4 billion euros) in Africa’s green energy until 2030. German Chancellor Olaf Scholz made the announcement at a press conference in Berlin after meeting African leaders and heads of international organisations including the President of the African Development Bank (AfDB) Group Dr Akinwumi Adesina, during the G20 Compact with Africa conference.
The Compact with Africa was initiated by Germany in 2017 during its presidency of the G20 to improve …
- Xlinks will build a 3,800-kilometer subsea cable to supply solar and wind power.
- Morocco will construct a 20GWh/5GW battery storage on-site to store and deliver reliable energy to the UK when required.
- The undersea cable will be buried at depths between 100m and 250m for most of the route.
Africa’s energy sector has garnered increasing attention in recent times, driven by a global quest for alternative energy sources. Investors worldwide are turning their gaze toward the continent, drawn by its substantial energy reserves. Notably, the Morocco-UK power projects have made significant strides in recent developments.
One such project, led by Xlinks, a UK-based power plant, is diligently preparing the infrastructure required for an underwater renewable energy facility. This ambitious initiative not only bolsters Africa’s international connections but also heralds a transformative shift toward greener energy solutions across the continent.
Morocco-UK power project kickstarts
According to Joab Okanda, Africa contains …
Despite rising investments in renewables as the world moves to realize net-zero emissions by 2050, the contribution of Africa's wave energy remains very minimal. The Africa Climate Summit (ACS) was a pivotal platform to explore the potential of tapping oceans, one of Africa's biggest resources.
With the summit’s overarching theme, “Driving Green Growth & Climate Finance Solutions for Africa and the World," heightening the urgency to address the climate crisis; harnessing the potential of ocean water for clean energy could accelerate Africa’s journey to net-zero.…
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- Kenya has partnered with Spiro, Africa’s first electric bike maker, to address the rising concern of high fuel costs.
- President William Ruto plans on setting up 3000 battery charging and swapping stations in Kenya.
- Today, the UN Environment Program is active in nine African countries.
As the world steadily shifts into the new industrial age, many governments have taken the necessary steps to ensure they do not miss out. Among the wave of ingenuity, the 4th industrial revolution has brought the growing need for alternative energy sources.
As a result, the age of electronic vehicles is upon us, and the Kenyan government has pioneered this new initiative. President William Ruto recently announced an electronic bike movement to completely redefine transportation for the nations.
The government has announced a new partnership with the African startup Spiro to battle the high fuel cost by introducing electrical motorcycles.
Kenya partners with e-bikers firm…
- Middle East Energy has announced plans to host Africa Energy Expo in February 2024, with Rwanda chosen as the Inaugural host.
- Scheduled for February 2024, the African Energy Expo is a first-of-its-kind trade show, and an extension of Middle East Energy’s 48-year legacy, aimed at promoting sustainable, innovative energy sources and driving the African energy transition.
- The event will be a unique platform for energy leaders to debate and shape the future of the African energy landscape.
Middle East Energy has announced plans to host Africa Energy Expo in February 2024, with Rwanda chosen as the Inaugural host.
The announcement was made at the 2023 Middle East Energy Exhibition and Conference in Dubai.
Scheduled for February 2024, the African Energy Expo is a first-of-its-kind trade show, and an extension of Middle East Energy’s 48-year legacy, aimed at promoting sustainable, innovative energy sources and driving the African energy transition.
The new …