News Update - January 2026: Part 1

Masdar Signs PPA for 150 MW Quipungo Solar Plant
The PPA was concluded with Rede Nacional de Transporte de Electricidade (RNT-EP), Angola’s state-owned electricity transmission and offtake entity. More

Côte d’Ivoire - Ferké Solar Plant Expects Commission Early 2026
The project is being developed by PFO Energies, with financing anchored by Banque Ouest Africaine de Développement and Emerging Africa Infrastructure Fund. More

Ethiopia - Ethiopian Electric Power Awards 150 MW Solar Plant
The Weranso Solar Plant is owned by Ethiopian Electric Power and is being developed with support from the African Development Bank. More

Madagascar - Afripower Advances 40 MW Utility-Scale Solar Plant
The solar project is being developed adjacent to Afripower’s existing Mandroseza heavy fuel oil power station. More

South Africa - Bushvalley Chickens Expands Solar Through Spark Financing
The project is financed by Spark, a distributed energy platform managed by Camco. Spark provided full upfront capital, removing needs for balance-sheet expenditure. More

Zambia - Breaks Ground on 100 MW Siavonga Solar Plant
Zambia has formally launched construction of the 100 MW Siavonga Solar PV Plant, an US$80 million utility-scale project. More

Acumen’s Hardest-to-Reach Amplify Secures $250M USD
Acumen has reached a major milestone in its Hardest-to-Reach Initiative (H2R), securing a total of USD 250 million in blended capital. More

Impact Fund Denmark Loans $6M USD to Africa GreenCo
The financing comes in the form of a loan, enhancing Africa GreenCo’s liquidity, balance sheet and is paired with an approx. USD 54M guarantee. More

DEG Commits $32.7M USD in Debt to AfricaGoGreen Fund
The investment will support the expansion of commercially viable energy-efficient and climate-friendly solutions across Africa. More