Author: Africa Digest News

What Roam Point’s New Universal Fast Charger Means for Kenya’s EV Riders

Posted on By Africa Digest News No Comments on What Roam Point’s New Universal Fast Charger Means for Kenya’s EV Riders

Roam has launched Roam Point, the country’s first universal fast-charging station for light electric vehicles (LEVs). Located along the busy Waiyaki Way corridor, the station delivers 10–20 km of range in under five minutes, supports any Type 6-compatible EV, and operates 24/7 without attendants. For riders struggling with long queues, slow charging speeds, and proprietary…

Read More “What Roam Point’s New Universal Fast Charger Means for Kenya’s EV Riders” »

Technology, EV

Who Benefits From AECID’s $10M Bet on Novastar’s NVIII?

Posted on By Africa Digest News No Comments on Who Benefits From AECID’s $10M Bet on Novastar’s NVIII?

The Spanish Agency for International Development Cooperation (AECID) has greenlit a commitment of up to $10 million to Novastar Ventures’ Africa People + Planet Fund III (NVIII). This investment stands as Spain’s largest-ever pledge to a pan-African impact venture fund, underscoring Madrid’s deepening role in channelling climate-aligned finance to the continent. As Africa’s economies grapple…

Read More “Who Benefits From AECID’s $10M Bet on Novastar’s NVIII?” »

Funding

Opportunities for SMEs in Kenya’s Green Bond Market

Posted on By Africa Digest News No Comments on Opportunities for SMEs in Kenya’s Green Bond Market

As Kenya accelerates its green economy transition, small and medium-sized enterprises (SMEs) stand at the forefront of innovation in sustainable projects, from off-grid solar solutions to eco-friendly agriculture. Yet, financing remains a persistent hurdle for these businesses, which contribute over 80% of employment but often lack access to traditional capital. Enter green bonds: fixed-income instruments…

Read More “Opportunities for SMEs in Kenya’s Green Bond Market” »

Environment

How Kenyan Corporates and Counties Can Leverage Green Bonds

Posted on By Africa Digest News No Comments on How Kenyan Corporates and Counties Can Leverage Green Bonds

As the global race toward net-zero accelerates, green bonds are emerging as one of the most effective tools for financing climate-positive projects. These instruments channel capital directly into renewable energy, sustainable agriculture, water systems, resilient infrastructure, and other climate-critical sectors. For Kenya, where droughts, flooding, and climate volatility carry heavy economic and social costs, green…

Read More “How Kenyan Corporates and Counties Can Leverage Green Bonds” »

Funding

A Complete Guide to Kenya’s Green Bond Market for New Investors

Posted on By Africa Digest News No Comments on A Complete Guide to Kenya’s Green Bond Market for New Investors

As climate pressures intensify and capital flows increasingly favour sustainability, green bonds have evolved from limited instruments into essential tools for funding climate-resilient growth. Kenya has embraced this shift, positioning green bonds at the centre of its transition to low-carbon development. Whether you’re a first-time investor or a seasoned analyst exploring East Africa’s green finance…

Read More “A Complete Guide to Kenya’s Green Bond Market for New Investors” »

Funding

Does Kenya Really Have a Power Crisis? A Closer Look at President Ruto’s Alarming Admission

Posted on By Africa Digest News No Comments on Does Kenya Really Have a Power Crisis? A Closer Look at President Ruto’s Alarming Admission

Ronnie Paul is a seasoned writer and analyst with a prolific portfolio specialising in climate change at Africa Digest News. President William Ruto’s recent admission that Kenya is rationing electricity during peak evening hours has ignited a fierce national debate: Is Kenya facing a genuine power crisis, or is the government setting the stage for…

Read More “Does Kenya Really Have a Power Crisis? A Closer Look at President Ruto’s Alarming Admission” »

Opinion Piece

How Mulilo Plans to Use Norfund’s Capital to Unlock a 30 GW Clean Energy Pipeline

Posted on By Africa Digest News No Comments on How Mulilo Plans to Use Norfund’s Capital to Unlock a 30 GW Clean Energy Pipeline

South Africa’s fragile electricity system is set for a lift after Norfund, Norway’s state-owned development finance institution, committed $75 million (R1.3 billion) for a minority stake in Mulilo Energy Holdings. The investment comes through Norfund’s Climate Investment Fund, advised by Standard Chartered, and follows Copenhagen Infrastructure Partners’ (CIP) $200 million injection in 2023. Together, these…

Read More “How Mulilo Plans to Use Norfund’s Capital to Unlock a 30 GW Clean Energy Pipeline” »

Clean energy, Funding

How Proparco’s Equity Stake Will Accelerate Kenya’s Clean Energy Transition at Kipeto Wind Farm

Posted on By Africa Digest News No Comments on How Proparco’s Equity Stake Will Accelerate Kenya’s Clean Energy Transition at Kipeto Wind Farm

Kenya’s renewable energy agenda has received a significant boost after Proparco, the private-sector financing arm of the French Development Agency (AFD) Group, acquired an equity stake in the 100 MW Kipeto Wind Farm, the country’s second-largest onshore wind facility. The investment was announced during a visit by French Ambassador Arnaud Suquet and forms part of…

Read More “How Proparco’s Equity Stake Will Accelerate Kenya’s Clean Energy Transition at Kipeto Wind Farm” »

Clean energy

What BasiGo’s New Komarock, Taj Mall and Riruta Charging Depots Mean for Operators

Posted on By Africa Digest News No Comments on What BasiGo’s New Komarock, Taj Mall and Riruta Charging Depots Mean for Operators

BasiGo has opened three new charging depots in Komarock, Taj Mall (Pipeline), and Riruta, significantly expanding the backbone of Nairobi’s fast-growing e-bus ecosystem. The rollout alongside a fourth depot planned for Juja by December boosts capacity for a fleet now surpassing 100 electric buses. Since launching in 2022, BasiGo’s vehicles have logged more than one…

Read More “What BasiGo’s New Komarock, Taj Mall and Riruta Charging Depots Mean for Operators” »

Clean energy

How Octavia Carbon Became Africa’s Only Finalist in Tencent’s $28 Million CarbonX Challenge

Posted on By Africa Digest News No Comments on How Octavia Carbon Became Africa’s Only Finalist in Tencent’s $28 Million CarbonX Challenge

In a major milestone for Octavia Carbon, the Kenyan direct air capture (DAC) startup has been named the continent’s sole finalist in Tencent’s CarbonX Program 2.0. Selected from more than 660 applicants across 54 countries and 12 regions, the announcement was made at the CarbonX Summit in Shenzhen on 29 October 2025. As one of…

Read More “How Octavia Carbon Became Africa’s Only Finalist in Tencent’s $28 Million CarbonX Challenge” »

Science, Technology