Japan and AfDB Extend $5.5 Billion Partnership to Boost Africa’s Private Sector and Resilience

At the recently concluded Tokyo International Conference on African Development (TICAD9) in Yokohama, Japan, the Japan International Cooperation Agency (JICA) and the African Development Bank (AfDB) signed a landmark $5.5 billion agreement under the sixth phase of the Enhanced Private Sector Assistance (EPSA) initiative. The deal marks the largest financial commitment under EPSA since its […]

91% of New Renewable Projects Now Cheaper Than Fossil Fuels Alternatives

Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation Costs in 2024 confirms.  The report confirms that renewables maintained their price advantage over fossil fuels, with cost declines driven by technological innovation, competitive supply chains, and economies of scale. In 2024, solar photovoltaics (PV) were, on average, 41% cheaper than […]

Renewables Boom Highlights Growing Regional Divide 

The Renewable Energy Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables capacity growing by over 15% in 2024, the growth gap widens across regions.  Asia has kept its leading position since the past few years, accounting for 71% of new renewables capacity in 2024, followed by Europe and North America […]

Mucuna: Nigeria’s Climate-Smart Crop for Soil Restoration and Agricultural Resilience

In the face of Nigeria’s worsening climate crisis, shrinking natural resources such as arable land and water, land degradation, and insecurity are fueling a national food crisis. With over 19.5 million people projected to face food insecurity in 2025, farmers are increasingly looking toward nature-based solutions to restore soil health, improve yields, and build resilience. […]

Dutch Agribusiness Delegation Explores Horticulture Partnerships in Nigeria

A trade delegation of 16 leading Dutch agribusinesses specializing in seeds, potatoes, and agricultural innovations arrived in Nigeria on March 23, 2025, for the third Netherlands-Nigeria Horticulture Trade Mission. Led by Ivo Meijer from the Municipality of Westland, the visit aims to strengthen ties with Nigerian stakeholders, explore collaboration opportunities, and contribute to the country’s […]

Record-Breaking Annual Growth in Renewable Power Capacity

Abu Dhabi, United Arab Emirates, 26 March 2025 – Renewable Capacity Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows a massive increase in renewable power capacity during 2024, reaching 4 448 gigawatts (GW). The 585 GW addition last year indicates a 92.5% share of the total capacity expansion, and a record rate of annual growth […]

Nearly USD 1 Billion Mobilized for Clean Energy Revolution at SEforALL Global Forum

In a landmark moment for global sustainability, the 2025 SEforALL Global Forum concluded with unprecedented commitments exceeding USD 900 million to accelerate the clean energy transition. Moreover, key global partners announced initiatives aimed at accelerating clean energy investments and promoting sustainable development worldwide. Game-Changing Investments Announced The forum witnessed several high-impact financial commitments poised to […]

Tripling off-grid Renewables is a Catalyst for Sustainable Development in Rural Communities

The landmark COP28 UAE consensus marked a turning point in the global energy transition, committing to triple installed renewable energy capacity to 11.2 terawatts and double the global rate of energy efficiency improvements by 2030. Off-grid renewables are integral to this goal, as they not only contribute to renewable energy capacity and enhance energy efficiency at […]

Off-Grid Renewables Reach 12.9 GW, But Energy Access Gap Demands More

Global off-grid renewable capacity has doubled since 2014, reaching 12.9 gigawatts (GW) in 2023 and bringing power to 155 million people in remote and underserved regions, according to the International Renewable Energy Agency (IRENA). While the number of people without electricity access dropped from 1 billion in 2014 to 685 million in 2022, progress has […]

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