EBRD And CIB Launch US$ 60 Million Financing For Green Investments; REA Partners With Private Developers To Expand Electricity In Nigeria and More...

The European Bank for Reconstruction and Development (EBRD) has teamed up with the Commercial International Bank (CIB) to finalize a substantial US$ 60 million (€55.9 million) financing package aimed at advancing green investments and empowering women-led businesses in Egypt.

The Rural Electrification Agency (REA) signs a Memorandum of Understanding with?Five (5) Private Developers to scale up electricity access in Nigeria.

The Minister of Trade, Industry, and Competition has urged The International Trade Administration Commission of South Africa (ITAC) to explore the implementation of a rebate provision for imported solar panels amidst the country’s ongoing electricity crisis.

Aptech Africa has successfully designed, supplied, and installed three off-grid and three hybrid solar systems in the Vanimo and Wewak provinces of Papua New Guinea, significantly enhancing access to electricity in rural areas. This initiative aims to improve health and educational services in regions where grid-connected power is limited or non-existent.

The Rural Electrification Agency (REA) and Mercy Corps have formalized a strategic partnership through the signing of a Memorandum of Understanding (MoU) at the REA Corporate Headquarters in Abuja. This collaboration seeks to bolster electricity cooperatives and improve electricity access across rural communities in Nigeria.