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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

European venture capital firm Breega, known for its early-stage investments, has announced the launch of its first Africa-dedicated fund, “Breega Africa Seed I.”

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint initiative to drive project development across six sub-Saharan African countries: Benin, Côte d’Ivoire, Ghana, Kenya, Nigeria, and Senegal.

The European Union has unveiled a €545 million (about US$636 million) investment package to boost clean energy and modernise electricity networks in nine African nations.