World Bank Grants $300 Million to Promote Electricity Trade in West Africa
The World Bank announced that it would provide $300 million (~₹22.50 billion) to the International Development Associations (IDA) to accelerate reforms to promote electricity trade in West Africa. The grant ...
AfDB Approves $830,000 to Set Up Green Mini-Grids in the Republic of Guinea
The African Development Bank (AfDB) announced that it had approved a grant of $830,000 (~₹62.95 million) to the Guinean Agency for Rural Electrification (AGER) to help it set up green ...
Africa’s Mali Announces Tax and Duty Exemptions on Renewable Energy Equipment
The Republic of Mali, a country in West Africa, has announced that it will exempt renewable energy equipment from value-added taxes (VAT), duties, and other taxes to boost the reduction ...
World Bank to Provide $224 Million for Off-Grid Solar in West Africa and Sahel
The World Bank has approved an International Development Association (IDA) fund of $150 million and another $74.7 million contingent recovery grant from the Clean Technology Fund to help increase off-grid ...
West African Countries Propose a Solar Energy Corridor
Economic Community of West African States (ECOWAS) has taken the initiative to create a West Africa Clean Energy Corridor (WACEC) to increase the share of renewable energy in the energy ...
GCF Pledges $27 Million to Install Solar Mini Grids For 100 Villages In Burkina Faso
The Green Climate Fund (GCF) has pledged to provide €24.3 million (~$27.54 million) to the Yeleen Rural Electrification Project in the West African country of Burkina Faso. The project will provide ...
Solar Potential in West Africa Ranges from 8 GW to Over 20 GW by 2030: Report
The International Renewable Energy Agency (IRENA) in its report “Planning and prospects for renewable power: West Africa” has highlighted scenarios for the growth of renewables in West Africa’s power systems ...
IFC to Finance 50 MW Solar Project in Sierra Leone
Sierra Leone’s Ministry of Finance has signed a $40 million agreement with the International Finance Corporation, a sister organization of the World Bank, for the development of a 50 MW ...