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Author: Africa Digest News

Is Climate Change a Con Job?

Posted on September 25, 2025 By Africa Digest News No Comments on Is Climate Change a Con Job?
Is Climate Change a Con Job?

By Thuita Gatero, Managing Editor, Africa Digest News At the United Nations General Assembly, President Donald Trump stood before a hall of world leaders and declared climate change to be “the greatest con job ever perpetrated on the world.” He said it with certainty, and the statement landed in a room filled with presidents, diplomats,…

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Featured

How Two UK Projects Will Capture 1.2 Million Tonnes of CO₂ a Year

Posted on September 25, 2025 By Africa Digest News No Comments on How Two UK Projects Will Capture 1.2 Million Tonnes of CO₂ a Year
How Two UK Projects Will Capture 1.2 Million Tonnes of CO₂ a Year

The UK government carbon capture initiative took a major step forward on September 25, 2025, with the signing of Britain carbon storage contracts for two UK carbon capture projects. These new carbon capture UK ventures, part of the commercial carbon capture UK landscape, are set to capture 1.2 million tonnes of CO₂ annually, marking a…

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Clean energy

How Ibri III Will Power 33,000 Homes While Cutting 500,000 Tonnes of CO₂

Posted on September 25, 2025 By Africa Digest News No Comments on How Ibri III Will Power 33,000 Homes While Cutting 500,000 Tonnes of CO₂
How Ibri III Will Power 33,000 Homes While Cutting 500,000 Tonnes of CO₂

The Masdar Oman solar project has marked a historic milestone with the Ibri III solar project, Oman’s first utility-scale solar venture. Signed on September 20, 2025, by Nama Power and Water Procurement (PWP), the Masdar Ibri III project brings together a powerhouse consortium of Abu Dhabi Future Energy Company PJSC (Masdar), Al Khadra Partners, Korea…

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Clean energy

21% Returns Signal Renewables’ Potential as Norfund Bows Out of African Hydro

Posted on September 24, 2025 By Africa Digest News No Comments on 21% Returns Signal Renewables’ Potential as Norfund Bows Out of African Hydro
21% Returns Signal Renewables’ Potential as Norfund Bows Out of African Hydro

For Norfund, it’s the end of an era and the start of another. With the sale of its African hydropower portfolio to Savannah Energy, the Norwegian investor frees up capital to seed the next wave of green energy investments. This transaction marks the completion of Norfund’s full divestment from SN Power, the pioneering renewable energy…

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Clean energy

Mirova’s $10M Bet on ARC Ride: Electrifying Africa’s Urban Mobility and Gig Economy

Posted on September 23, 2025September 23, 2025 By Africa Digest News No Comments on Mirova’s $10M Bet on ARC Ride: Electrifying Africa’s Urban Mobility and Gig Economy
Mirova’s $10M Bet on ARC Ride: Electrifying Africa’s Urban Mobility and Gig Economy

Global climate finance is charging into Africa’s transport future, with Mirova’s $10 million commitment to ARC Ride positioning Kenya as a frontrunner in the electric mobility revolution in Africa. As fuel prices soar and climate pressures mount, this deal reflects the shift toward low-carbon solutions, potentially slashing emissions while empowering gig economy workers. Who is…

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Funding

Why Aldar’s Sukuk Strategy Matters for Abu Dhabi’s Green Finance Push

Posted on September 23, 2025 By Africa Digest News No Comments on Why Aldar’s Sukuk Strategy Matters for Abu Dhabi’s Green Finance Push
Why Aldar’s Sukuk Strategy Matters for Abu Dhabi’s Green Finance Push

Abu Dhabi has taken another decisive step in cementing its role as a global innovation leader, with Aldar Investment Properties raising $290 million via sukuk taps, cementing its reputation as a frontrunner in ESG debt issuance. This strategic issuance reopens the company’s existing $500 million Green Trust Certificates (GTCs) maturing in 2034 and 2035. With…

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Clean energy, MENA

What IFC’s $100M Anchor in DenizBank’s Green Bond Means for Türkiye

Posted on September 22, 2025 By Africa Digest News No Comments on What IFC’s $100M Anchor in DenizBank’s Green Bond Means for Türkiye
What IFC’s $100M Anchor in DenizBank’s Green Bond Means for Türkiye

IFC has anchored a $100 million stake in DenizBank’s $270 million green bond, marking a landmark moment for sustainable finance in emerging markets. This five-year bond issuance highlights the growing momentum behind green investments in Türkiye, aligning seamlessly with the country’s ambitious 2053 net zero emissions target. As global climate pressures mount, such initiatives are…

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Funding

Why SPPC’s 43GW Renewable Pipeline Is a Game-Changer for Vision 2030

Posted on September 22, 2025 By Africa Digest News No Comments on Why SPPC’s 43GW Renewable Pipeline Is a Game-Changer for Vision 2030
Why SPPC’s 43GW Renewable Pipeline Is a Game-Changer for Vision 2030

Global developers are being invited to the table as Saudi Power Procurement Company (SPPC) opens the RFQ for Round Seven of Saudi Arabia’s ambitious National Renewable Energy Programme. This initiative targets a remarkable 5,300 MW of renewable capacity, blending cutting-edge solar PV and wind technologies. As Saudi Arabia accelerates its Vision 2030 ambitions, this RFQ…

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Clean energy, MENA

How DBSA and Zero Carbon Charge Are Building SA’s First Off-Grid EV Highway

Posted on September 19, 2025September 19, 2025 By Africa Digest News No Comments on How DBSA and Zero Carbon Charge Are Building SA’s First Off-Grid EV Highway
How DBSA and Zero Carbon Charge Are Building SA’s First Off-Grid EV Highway

With an R100 million injection from DBSA, Zero Carbon Charge is set to launch South Africa’s first countrywide network of off-grid, solar EV chargers, marking a watershed moment for sustainable transport in Africa. This deal follows initial approval in April 2025 and rigorous due diligence, marking a key step toward climate-resilient infrastructure. As of September…

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Funding

Green Dreams, Green Deceptions: Africa’s Clean Energy Crossroads

Posted on September 16, 2025 By Africa Digest News No Comments on Green Dreams, Green Deceptions: Africa’s Clean Energy Crossroads
Green Dreams, Green Deceptions: Africa’s Clean Energy Crossroads

Africa’s startup ecosystem hit a record high in July 2025, raising $555 million, with clean energy startups like d.light and Sun King leading through massive debt financing deals. However, the surge in “green” investments raises a critical question: are these funds driving genuine sustainability, or are they veiled by greenwashing? This analysis connects the funding…

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Clean energy

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