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renewable energy

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Africa’s Power Shift Gains Momentum As Renewables Outpaces Non-renewable Energy Investment By 8:1

Africa’s energy landscape is undergoing a fundamental transformation. In 2025, Standard Bank’s financing for renewable energy power generation outpaced that for non-renewable power generation by a ratio of 8:1, signalling a shift towards cleaner and more sustainable energy systems across the continent. With nearly 600 million people across Africa still without access to reliable electricity, […]

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Africa Has The Resources And The Ambition: Igniting The Power Revolution At Africa Energy Indaba 2027

Africa possesses vast natural resources and growing ambition. Now is the time to ignite the power revolution.  Ministers, utilities, investors, developers, and innovators from across the continent and the globe will gather at the 19th Africa Energy Indaba 2027 — Africa’s premier energy event to accelerate energy generation, unlock billions in investment, secure bankable projects, […]

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Anzana

Anzana Secures $20 Million Facility From British International Investment To Scale Distributed Renewable Energy Across Africa

Anzana Electric Group (“Anzana”) has raised a $20 million senior secured portfolio debt facility from British International Investment (BII), the UK’s development finance institution and impact investor, to accelerate the construction of run-of-river hydropower projects across Africa.  Run-of-river hydropower projects in Africa can play an important role in expanding access to electricity. But smaller projects […]

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South African power plant with industrial infrastructure and smokestacks under a cloudy sky.

Africa At The Forefront: The Urgent Need To Diversify Energy Supply

By Dele Kuti, Global Head, Energy at Standard Bank Corporate & Investment Banking As we approach the second half of the year, it is important to reflect on the busy first half. After a hectic 2025, most observers would have expected some form of respite. Unfortunately, respite will not likely be a word associated with […]

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Solarafrica And Norsk Renewables

SolarAfrica And Norsk Renewables Advance Strategic Nyakallo Solar Project Toward Financial Close

SolarAfrica and Norsk Renewables are pleased to announce that SolarAfricahas entered into an agreement to acquire the Nyakallo solar project from Norsk Renewables. Located in Limpopo, South Africa, Nyakallo is a strategically positioned utility-scale solar and battery storage project expected to deliver grid-connected renewable power to South African businesses from the second half of 2028. […]

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Business professionals at Africa.com partnership event exchanging documents.

Jubilee Health Insurance And Sikh Council Of Kenya Launch Community-Based Medical Cover

Jubilee Health Insurance and the Sikh Council of Kenya have today launched a tailored community medical cover for members of the Sikh community in Kenya, including their families and businesses. This marks the first in a series of partnerships designed to extend healthcare access through organised affinity groups. The scheme enables members to access quality […]

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Mining machinery and worker in an underground mining operation.

Mining Sector Turns To Private Renewables As CBAM And Tariff Pressures Redefine Competitiveness

As the EU’s Carbon Border Adjustment Mechanism enters its permanent phase and global buyers tighten emissions disclosure requirements, South African mining operations are accelerating the integration of privately contracted renewable power into their energy mix. Energy strategy is fast becoming a proxy for carbon performance, and a determinant of long-term market access. Lyra Energy, the […]

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South African power plant with industrial infrastructure and smokestacks under a cloudy sky.

Changing Energy Dependence To Energy Resilience In The South African Context

By Bronwyn Timm, Business Development Manager, SOLA Group The Eskom tariff increase is changing the way industrial and commercial sectors perceive dependency. While the 8.76% is substantial and comes at a time of relatively weak growth and tight margins, it creates an opportunity for companies to change their structural approaches to energy. Energy economists and […]

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Large solar panel installation in Africa supporting renewable energy projects across Sub-Saharan Afr.

Inspired Evolution Commits $40 Million To CrossBoundary Energy To Accelerate C&I Renewable Energy Across Sub-Saharan Africa

Inspired Evolution, a specialist pan-African investment firm focused on clean energy infrastructure, energy, and resource efficiency growth investments, today announced a USD 40 million investment in CrossBoundary Energy Holdings Ltd (“CrossBoundary Energy”), a leading developer, owner, and operator of distributed renewable energy solutions for commercial and industrial (C&I) clients across sub-Saharan Africa. The investment, made […]

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Man working on local gold refining in Ghana's lush environment.

New climate fund channels 40% of capital to Africa

A new $1 billion climate finance vehicle is putting Africa at the center of its strategy, with plans to channel roughly 40% of its capital into the continent. The Allianz Credit Emerging Markets fund will back projects in renewable energy, climate-smart agriculture, and low-carbon transport, targeting fast-growing economies that face rising climate risks. Anchored by […]

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