Finance

NORAD Funds ATI With US$56 Million for Renewable Energy Projects
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The funding from the Norwegian agency will support independent power producers in Africa.

Kenya’s 40-Megawatt Kesses Solar Project Backed by Infrastructure Fund
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Emerging Africa Infrastructure Fund US$35 million loan to support solar projects in Kenya.

AfDB’s African Development Fund to Support Solar Power-Ups in Ghana
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Grant of US$27.39 million to fund Ghana Mini-Grid and Solar Photovoltaic Net Metering project.

Oikocredit Lends Ecoligo €5 million to Provide Solar Power to SMEs in Africa
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Ecoligo to supply solar energy to SME’s and NGOs in Ghana and Kenya.

Nigeria Government Begins Work on Roads outlined in MOU with NNPC
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The N621 billion plan will fund 21 road projects in the country.

TotalEnergies invests US$10 billion in the East Africa Crude Oil Pipeline project
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Uganda and Tanzania to benefit from crude oil and energy projects and boost FDI.

Mauritania’s Kiffa Drinking Water Project Gets US$100m funding
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The total funding needed to complete the project is US$317 million.

FG, JICA to sign US$200m loan to expand power transmission in Nigeria
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Powering up to be carried out in Lagos and Ogun States.

Construction commences on Gargour Seawater Desalination Plant in Tunisia
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The Prime Minister of Tunisia, Najla Bouden, has launched the commencement of construction works on the Gargour seawater desalination plant.

Rwanda transport sector benefits from Japanese-funded construction projects
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Co-operation between the governments of Japan and Rwanda in transportation projects is contributing to economic growth in Rwanda and enhancing…