Category: clean energy

Written By: Faith Jemosop Africa’s upstream oil and gas sector is on the cusp of a massive investment surge, with experts estimating that the continent will require about $3 trillion in upstream capital expenditure by 2030.  This investment is vital to unlock Africa’s abundant hydrocarbon resources, meet rising energy demands, and drive economic growth. Among…

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Written By: Faith Jemosop Grid Africa and the Clean Energy Generation Network (CEGN) have entered into a strategic partnership aimed at enhancing solar energy deployment through advanced battery storage solutions. This collaboration is poised to address the country’s persistent energy challenges, particularly in rural and underserved regions. Addressing Zambia’s Energy Deficit Zambia has been grappling…

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Written By: Faith Morocco’s OCP Group has signed a €350 million financing agreement with Agence Française de Développement (AFD). The funds will support OCP’s ambitious $13 billion Green Investment Program running from 2023 to 2027. The initiative marks a major shift in the global fertilizer industry toward green innovation, renewable energy, and climate resilience. Key…

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By Faith Jemosop a writer at Africa Digest News. Kenya is rapidly transforming its energy landscape, making significant strides toward universal electricity access, clean cooking solutions, and renewable energy development. With a blend of strategic policies, innovative technologies, and substantial investments, the nation is positioning itself as a leader in sustainable energy within Africa. As…

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by Faith Jemosop. In a significant development for Southern Africa’s sustainable development, private equity investments are increasingly focusing on clean energy and digital infrastructure. These sectors are vital for addressing the region’s energy deficits and bridging the digital divide, thereby fostering economic growth and resilience. Also Read: Could $150M Be the Key to Greening 30,000…

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By Thuita Gatero,  In a bold step toward sustainable development in Africa, Scalar International and Mergence Investment Managers Ltd. have announced an ambitious plan to raise up to $150 million through a private equity fund.  The initiative aims to transform 30,000 buildings across the continent by enhancing energy efficiency and installing renewable-energy systems. This groundbreaking…

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South Africa, has set ambitious goals to transition to a low-carbon economy. To achieve these objectives, the country is seeking massive investments from international partners. The transition to a low-carbon economy will require a cumulative capital expenditure of $2.9 trillion between 2022 and 2050. Annual investments are expected to increase from $70 billion in 2022…

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In a key step toward sustainable energy cooperation in Africa, Namibia and South Africa have signed an agreement to study the feasibility of a cross-border green hydrogen pipeline. The new effort represents a major advancement in the global shift to sustainable energy, establishing the two nations as leaders in renewable energy innovation in Africa. The…

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African nations at the United Nations Environment Assembly in Nairobi strongly oppose solar radiation management (SRM), a controversial geoengineering technique to combat climate change. The assembly, which brings together environmental ministers and experts from around the world, has become a battleground for the future of climate intervention technologies. The African Group, representing 54 nations, proposed…

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South African manufacturer Naboom Plastics, a leading supplier of planting bags, is experiencing a remarkable transformation.  Thanks to Blue Energy Africa’s innovative initiative, the company upgrades infrastructure, enhances production, promotes sustainability, and paves the way for a promising future. The hybrid solar-battery system at Naboom Plastics’ Mookgophong facility showcases renewable energy’s role in empowering businesses…

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