GuarantCo and British International Investment (BII) have partnered with South African energy trading company Etana Energy to unlock up to $500 million for renewable energy projects in South Africa. This collaboration involves a groundbreaking $100 million guaranteed finance facility, which will help facilitate the development of approximately 500 megawatts of new wind and solar capacity…
Africa is at a crucial point in its journey toward sustainable development, with a growing need for investment in climate-resilient infrastructure. As the effects of climate change become increasingly evident, African leaders and global organizations are pushing for better access to renewable energy across the continent. Closing the funding gaps in critical sectors such as…
The African Development Bank (AfDB) has been making strides in advancing renewable energy for agriculture across Africa. This initiative is about more than just providing energy—it represents a transformative approach to farming for smallholder farmers, who are the backbone of food production in much of the continent. The AfDB’s efforts focus on creating a circular…
Kenya Power has launched a new Sustainability Strategy to create a greener and more reliable energy system. Announced in November 20, 2024, the plan tackles climate change while addressing the needs of local communities. Dr. Joseph Siror, the company’s Managing Director and CEO, highlighted that the strategy isn’t just about protecting the environment but also…
Zimbabwe and Zambia are grappling with severe power shortages caused by a historic drought affecting the Kariba Dam. To tackle this crisis, the two nations have joined forces to explore renewable energy solutions at the first Zimbabwe-Zambia Energy Projects Summit in Victoria Falls. Running from November 18 to 20, the summit aims to foster collaboration…
The British International Investment (BII), the UK’s development finance institution, has pledged $16 million to the Africa Go Green Fund (AGGF). The funding is part of efforts to improve climate resilience and promote sustainability across Africa. With this new support, the AGGF has now raised over $166 million, marking a key milestone in its work…
In East Africa, where access to reliable electricity remains a challenge for many, Schneider Electric Kenya is leading the charge toward a brighter and more sustainable future. With a mission to bridge the gap between progress and sustainability, Schneider Electric is not just delivering cutting-edge energy solutions but transforming lives across the region. Their initiatives…
Welcome to Kitengela Glass, a remarkable company in Kenya that transforms discarded glass into beautiful and functional art. Located in Ongata Rongai, just 30 kilometers from Nairobi, Kitengela Glass is not just about making glass; it’s about recycling, sustainability, and community engagement. Every day, this innovative studio recycles approximately 500 kilograms of glass—clear broken window…
The EU must make fostering sustainable corporate behavior a strategic priority for economic resilience and global leadership. As the world faces pressing environmental and social challenges, the EU recognizes the urgent need for businesses to prioritize sustainability in their operations. Sustainable practices can serve as a catalyst for long-term economic resilience within the EU. By…
British American Tobacco (BAT) has made a notable advance in its renewable energy initiatives by tripling its solar power consumption in 2023. This move is a crucial part of the company’s strategy. It aims to enhance sustainability and reduce environmental impact. The tobacco industry, in particular, faces growing scrutiny over its environmental practices. BAT’s solar…
