Afrik 21
A resource hub focused on environmental issues and the green economy in Africa.
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Aug 27, 2024 |
afrik21.africa | Jean Marie Takouleu
Sosian has completed the financing of its power plant in the Menengai geothermal field in Nakuru County, Kenya. The sole lender for the project is the Development Bank of Southern Africa (DBSA), which is providing $68 million. Sosian connected its 35 MWe geothermal power plant to Kenya’s electricity grid in August 2023.
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Aug 21, 2024 |
afrik21.africa | Jean Marie Takouleu
GreenYellow’s portfolio in Senegal comprises three rooftop solar power plants in operation with a total capacity of 2.6 MWp, designed to cover the electricity needs of commercial and industrial (C&I) customers through self-consumption. These installations are being purchased by Afreenergy Solar, the subsidiary of Mauritius-based energy company Afreenergy.
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Aug 11, 2024 |
afrik21.africa | Jean Marie Takouleu
This is record financing for electrification and access to drinking water in rural Angola. The $1.6 billion loan from the Export-Import Bank of the United States of America will benefit Sun Africa, a company based in Miami, Florida. The American company is developing a portfolio of solar mini-grids for electrification and access to drinking water in rural areas, in partnership with ING Capital and Omatapalo.
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Aug 8, 2024 |
afrik21.africa | Jean Marie Takouleu
A new project has been launched in South Africa. It’s the Grootspruit solar farm in the province of Free State. The project is being developed by French energy company Engie in partnership with South African independent power producer (IPP) Pele Green Energy. Once the foundation stone for the power station had been laid, the two partners awarded the contract to Aurex Constructors and Ablon Construction.
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Jul 29, 2024 |
afrik21.africa | Jean Marie Takouleu
Veolia has found a new ally for the development of its activities in Africa. The French group specialising in environmental services has signed an agreement with the Norwegian Investment Fund for Developing Countries (NORFUND) to set up an investment platform. The new financing and development structure, which is intended to breathe new life into Veolia’s business on the African continent, targets industrial companies. This is also the aim of Veolia’s GreenUp programme.
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