Globeleq and African Rainbow Energy Advance the Red Sands BESS Project, Africa’s Largest Standalone BESS Plant
Globeleq and African Rainbow Energy have advanced the development of the 153 MW/ 612 MWh Red Sands BESS project in … Read more
Region: Southern Africa
Mozambique Grants Zambia Land for Dry Port Project in Nacala
Zambia’s dry port in Nacala will soon be a reality following Mozambique’s acceptance to offer land for the facility. Transport … Read more
Zimbabwe Seeks $350 Million Funding for Kariba Dam Floating Solar Project as the Country Seeks to Bolster Energy Capacity
Updated September 17, 2025- Zimbabwe is seeking as much as a total of $350 million for the ambitious Kariba Dam … Read more
U.S. Nears $500 Million Deal to Fund Africa’s Lobito Corridor Railway Project
The U.S. International Development Finance Corporation (DFC) is nearing completion of financing the Lobito Corridor railway project. The $500 million … Read more
Construction Begins on African Development Bank Group Country Office in Zambia
The African Development Bank Group has officially launched construction of its Zambia office in Lusaka, marking a major milestone in … Read more
Mozambique’s National Road Number 1 (N1) Rehabilitation Project Secures $1.1 Billion
On Thursday, May 29, the Mozambican government announced it has secured $1.1 billion (approximately 69.5 billion meticais) to begin the … Read more
