South Africa commits US $37.6m towards water projects

South Africa through the Department of Cooperative Governance and Traditional Affairs has committed US $37.6m to water projects in Cape Town following severe drought experienced in the city. According to Cape Town Mayor Patricia De Lille, the droughts resulted in three years of very low rainfall.The funds will majorly be used for the the Cape Flats, Atlantis, and Table Mountain Group Aquifer…

South Africa commits US $37.6m towards water projects

South Africa through the Department of Cooperative Governance and Traditional Affairs has committed US $37.6m to water projects in Cape Town following severe drought experienced in the city. According to Cape Town Mayor Patricia De Lille, the droughts resulted in three years of very low rainfall.The funds will majorly be used for the the Cape Flats, Atlantis, and Table Mountain Group Aquifer…

Rwanda to receive US $266m for electricity access program

The Government of Rwanda is set to receive US $266m from the African Development Bank(AfDB) to support the country’s program to improve electricity supply and transform into an export-oriented economy. AfDB Vice President for Power, Energy, Climate Change and Green Growth, Amadou Hott, confirmed the reports and said the funding will enable the construction of 795km of Medium Voltage…

Global renewable investments to hit $228.3bn in 2018

Market research and analysis firm Frost & Sullivan have issued the 2018 Global Renewable Energy Outlook identifying global renewable investments to reach $228.3 billion in 2018. This growth is despite a detected slower year-on-year growth rate of 0.7% due to China reducing its solar uptake. The renewable energy market is expected to achieve 154.6GW of new energy capacity by the…

Brief guide to financing Nigeria’s decentralised renewables market

From basic lighting solutions to mini-grids, Africa’s decentralised renewable energy (DRE) market has recorded significant growth with 11.2 million units of branded pico-solar products sold between 2009 and the first quarter of 2015. Geospatial analysis by the International Energy Agency suggests that the most cost-effective solution for electrifying at least two-thirds of rural households by…

Brief guide to financing Nigeria’s decentralised renewables market

From basic lighting solutions to mini-grids, Africa’s decentralised renewable energy (DRE) market has recorded significant growth with 11.2 million units of branded pico-solar products sold between 2009 and the first quarter of 2015. Geospatial analysis by the International Energy Agency suggests that the most cost-effective solution for electrifying at least two-thirds of rural households by…

Kenya to invest US $9.9m in modern markets

Kenya has set aside US $9.9m to construct three modern markets in Kisumu county mainly Jubilee, Kibuye and Otonglo markets in a bid to accommodate more traders and end hawkers problem in the city. The Kisumu construction project will also end fire outbreaks attributed to electric faults due to poor or illegal connections. More than 10,000 hawkers operate…

Ghana to receive US $10bn to improve road projects

The government of Ghana has received US $10 bn funding to undertake a major reconstruction with modern all-season road network linkages to spur economic and social development through easier access to and from rural areas to the main population centre. A memorandum of understanding (MoU) was signed between Ghana through Investigroup,an international organisation with offices in several African countries, and the MFAR Group of…

Ghana to receive US $10bn to improve road projects

The government of Ghana has received US $10 bn funding to undertake a major reconstruction with modern all-season road network linkages to spur economic and social development through easier access to and from rural areas to the main population centre. A memorandum of understanding (MoU) was signed between Ghana through Investigroup,an international organisation with offices in several African countries, and the MFAR Group of…