African Business News

France boosts renewable energy in Africa

African countries will receive €2bn an equivalent of $2.1b from France over the next four years for renewable energy in the fight against global warming.

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European Bank boosts solar sector in Egypt

Solar sector in Egypt is set to improve significantly after the European Bank for Reconstruction and Development (EBRD) promised to pump to USD 500 million (EUR 471m) by early 2016.

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Egypt says it will add 3 GW of power to national grid

Egypt says it will add 3 GW of power to national grid in the coming year in a bid to reduce power deficit facing the country Power.

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Plans to construct a green power plant in Rwanda gains pace

A Belgian company will be involved in the construction of a US$8b green power plant in Rwanda. Once complete the power plant will add 12 MW to the national grid.

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