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Category: Clean energy

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

Posted on November 14, 2025 By Africa Digest News No Comments on How Mulilo Plans to Use Norfund’s Capital to Unlock a 30 GW Clean Energy Pipeline
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…

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Clean energy, Funding

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

Posted on November 14, 2025 By Africa Digest News No Comments on How Proparco’s Equity Stake Will Accelerate Kenya’s Clean Energy Transition at Kipeto Wind Farm
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…

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Clean energy

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

Posted on November 14, 2025 By Africa Digest News No Comments on What BasiGo’s New Komarock, Taj Mall and Riruta Charging Depots Mean for Operators
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…

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Clean energy

What Spiro’s $100M Funding Means for Africa’s EV and Clean Energy Ambitions

Posted on October 22, 2025 By Africa Digest News No Comments on What Spiro’s $100M Funding Means for Africa’s EV and Clean Energy Ambitions
What Spiro’s $100M Funding Means for Africa’s EV and Clean Energy Ambitions

For investors tracking Africa’s clean tech curve, Spiro’s $100 million raise is a landmark moment. Announced on October 21, 2025, and powered by a $75 million commitment from FEDA, the deal underscores growing confidence in the continent’s e-mobility infrastructure and the scalability of battery-swapping models tailored for Africa’s urban economies. As Africa’s urban centres struggle…

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Clean energy, Funding

What Bboxx’s Partnership with CreditChek Means for Off-Grid Africa

Posted on October 15, 2025 By Africa Digest News No Comments on What Bboxx’s Partnership with CreditChek Means for Off-Grid Africa
What Bboxx’s Partnership with CreditChek Means for Off-Grid Africa

As global investors look for scalable models of sustainable impact, Bboxx and CreditChek are providing one. Their collaboration merges clean energy infrastructure with fintech precision, demonstrating how cross-sector partnerships can promote inclusive growth. This partnership is timed perfectly with the World Bank’s ambitious $750 million Distributed Access through Renewable Energy Scale-up (DARES) project, which aims…

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Clean energy

Why Kenya Could Become Africa’s EV Market Leader by 2030

Posted on September 30, 2025 By Africa Digest News No Comments on Why Kenya Could Become Africa’s EV Market Leader by 2030
Why Kenya Could Become Africa’s EV Market Leader by 2030

Can Africa lead the global EV revolution? Kenya seems determined to try, with a Sh6.12 billion push to install 10,000 charging stations by 2030 an ambitious step toward cleaner, smarter mobility. This ambitious plan, unveiled under the National Energy Compact 2025–2030, signals Kenya’s intent to overcome traditional barriers and position itself as Africa’s EV frontrunner….

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Clean energy

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

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

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