Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8).…
Osinbajo Launches Energy Transition Plan; Says Nigeria needs $10 Billion a year to attain development ambitions
* $410 Billion to deliver Energy Transtion by 2060 * Complementary Launch of Universal Energy Grant Facility * Solar Companies urged to participate Nigeria’s Vice President, His Excellency, Prof Yemi Osinbajo is leading efforts towards an energy and development…
Vice President, Yemi Osinbajo to launch Nigeria’s Energy Transition Plan
The Energy Energy Transition Plan is set to be launched. With support from United Nations and other Development Partners, this bold plan will present an opportunity for the private sector to step up and make a difference and be pioneers in creating new markets; as well as provide an opportunity for the government to announce new opportunities to attract results based financing
Africa Energy Week 2022 gets Rystad Energy as Official Intelligence Partner
The African Energy Chamber (AEC) has announced a partnership with multinational energy market research firm, Rystad Energy, as the official Intelligence Partner of African Energy Week (AEW) 2022 – Africa’s premier event for the oil and gas sector, which will…
PEPSICO ISSUES NEW $1.25 BILLION 10-YEAR GREEN BOND AS COMPANY ACCELERATES PEP+ TRANSFORMATION
PepsiCo announced the closing of a new $1.25 billion 10-year Green Bond. The Company will use an amount equivalent to the net proceeds from the offering to fund Eligible Green Projects which will focus on its pep+ (PepsiCo Positive) agenda – the Company’s strategic, end-to-end transformation…
LAC Climate Week 2022 Opens with Strong Calls for Action
The public-facing segment of this year’s Latin America and Caribbean Climate Week (LACCW 2022) opened in Santo Domingo today with strong calls for regional action to drive global action to tackle climate change and urgent warnings of growing regional climate…
Lekela Power sold in “Africa’s biggest renewable energy deal”
Actis and Mainstream Renewable Power have sold Lekela Power to the Infinity Group of Egypt and the Africa Finance Corporation (AFC). With an installed wind power capacity of 1 GW, Lekela Power is Africa’s largest pure-play renewable energy independent power…
Partnerships: Impacting Africa beyond COVID-19 pandemic to achieve SDGs
By Fabian Ekeruche, News Agency of Nigeria (NAN) When the United Nations (UN) adopted the Sustainable Development Goals(SDGs) in 2015, it did not prefigure that a devastating COVID-19 pandemic will emerge few years later to become a clog in the…
NDC Partnership provides developing countries with enhanced financing tools to ramp up implementation of climate measures
Developing countries will access new climate funding and finance tools to address climate change, thanks to a Finance Strategy launched by the NDC Partnership in Montego Bay, Jamaica. The Most Honourable Andrew Holness, Prime Minister of Jamaica, launched the new Strategy with…