Africa50 to Set Up $500M Green Off-Grid Power Fund
Africa50, a pan-continental infrastructural investor based in Casablanca, is setting up a USD 500 million fund targeted at promoting green
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Energy
Power China Breaks Ground on 100 MW Kabwe Solar Project in Zambia
On 1 February 2025, Power China and officials from the Government of Zambia took part in a groundbreaking ceremony for
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M300 Africa Energy Summit Touts Electrifying Africa as ‘Mission Possible’
On 27 January 2025, the Mission 300 Africa Energy Summit kicked off in Dar es Salaam in Tanzania. Along with
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China Pulls Out of Grand Inga Dam Project, But World Bank Still In
The Chinese contractor Three Gorges Corporation has reportedly pulled out of the #Inga Dam project, which, when built, is set
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AGMC and CNCEC Sign $20B MoU to Implement Ogidigben Gas Revolution Industrial Park in Nigeria
On 15 January 2025, The Alpha GRIP Management Company (AGMC), a subsidiary of the UAE-based Alpha Group, singed an MoU
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DFC Disburses 1st Tranche for 105 MW Gas Power Plant in Sierra Leone
On 10 December 2024, the US International Development Finance Corporation (DFC) effected its first disbursement for a USD 292 million
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Chappal Energies Secures $360M Bridge Loan for Equinor’s Oil & Gas Prime Assets
On 6 December 2024, Nigerian Oil & Gas (O&G) company Chappal Energies announced the closure of its acquisition of Equinor
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Niger Ousts France’s Orano in Favor of Russia in Uranium Mining
On 8 November 2024, Niger Minister of Mines Ousmane Abarchi announced that Niger is in advanced talks with Russian companies
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Perenco Plans to Place 75% of its $2B Investment in Africa
Perenco recently made public certain details of its investment plan worth USD 2 billion for the next few years. Perenco
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Power Africa Grants $1.87M for Feasibility Studies on Volobe Dam in Madagascar
During the general shareholders meeting (GSM) of Africa50 and the celebration of the 50th anniversary of Africa50 Infrastructure Investment Platform
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