August 10, 2022
Africa: Côte d'Ivoire - 260 Localities Already Connected to Electricity Through African Development Bank Project
Launched in Côte d'Ivoire in 2019, the Project to Improve Access to Electricity in Rural Areas has already connected 260 localities to the national electric grid. At the… Read more »
Africa: African Development Bank and Partners Discuss Africa's Potential to Leverage Green Minerals for the Energy Transition
A recent webinar hosted by the African Development Bank brought together experts to examine how Africa can become a hub for manufacturing lithium-ion batteries to store energy and… Read more »
Africa: Ticad8 Official Side Event - Accelerating Clean Energy Access With Climate Finance
Date: Monday, 22 August 2022 Read more »
July 14, 2022
Guinea: Guinea - $66 Million From the African Development Bank to Extend Access to Electricity
On 14 July 2022 in Abidjan, the Board of Directors of the African Development Bank Group approved a $66.39 million support package for Guinea. The funding is intended to help it… Read more »
July 07, 2022
Comoros: The African Development Bank Is Supporting Improvements to the Power Grid in the Comoros
The Comoros Energy Sector Support Project has helped improve the country's power grid. Read more »
July 04, 2022
Africa: Africa Energy Forum 2022 - African Development Bank, Private Infrastructure Development Group, Deepen Cooperation On Desert to Power
A financing facility associated with the African Development Bank's Desert to Power Initiative was featured at a side event held on the margins of the just-ended Africa Energy… Read more »
June 27, 2022
Africa: Knowledge Sharing Webinar Series On Green Minerals and Energy Transition
What: Leveraging Africa's green minerals for the energy transition: The role of regional integration and the AfCFTA Read more »
June 14, 2022
Africa: African Development Bank Brings Together African Regulators and Utilities On the 2022 Electricity Regulatory Index
The African Development Bank Group recently held a two-day workshop for electricity sector regulators and utilities on its annual flagship report, the Electricity Regulatory Index… Read more »
May 26, 2022
South Africa: Joint Statement of the Government of the Republic of South Africa and the African Development Bank in Relation to South Africa's Just Energy Transition Process
South Africa submitted an ambitious Nationally Determined Contribution (NDC) prior to COP 26. At COP26, the South African government also forged the Just Energy Transition… Read more »
Africa: Ghana Signs Grant Agreement With African Development Fund, Government of Switzerland, to Support Development of Mini-Grids and Solar PV Net Metering
The government of Ghana has signed a grant agreement with the African Development Fund, and a financing agreement with the government of Switzerland, for the Ghana Mini Grid and… Read more »
May 25, 2022
Africa: Mozambique - African Development Bank to Serve As Advisor for Development of 1500 Mw Mphanda Nkuwa Hydropower Project
The African Development Bank has signed an agreement with Gabinete de Implementação do Projecto Hidroeléctrico de Mphanda Nkuwa, an implementing entity, to… Read more »
May 21, 2022
Africa: The African Development Bank Appoints Dr. Daniel Alexander Schroth As Director of the Renewable Energy and Energy Efficiency Department
The African Development Bank is pleased to announce the appointment of Dr. Daniel Alexander Schroth as Director of the Renewable Energy and Energy Efficiency Department, effective… Read more »
May 18, 2022
Africa: Towards an Integrated and Climate-Resilient Africa and a Just Energy Transition
Of all continents, Africa is least responsible for climate change. It has contributed only a minute part of the Greenhouse gas emissions that are responsible for the climate… Read more »
May 13, 2022
Africa: African Development Bank Annual Meetings 2022 - Time to Tackle Triple Crises of Food, Energy and Finances, Says Ghanaian Finance Minister
41 African economies face dreaded three f's: food, fuel and finance conditions - Ghanaian Finance Minister Ken Ofori-Atta Read more »
May 05, 2022
Africa: Africa Fully Committed to Harnessing Its Clean Energy Potential With the African Development Bank
In November 2021, stakeholders from around the world gathered in Kinshasa, Democratic Republic of Congo (DRC) for the DRC Business Forum to discuss moving Africa up the ladder in… Read more »
April 22, 2022
Africa: African Development Bank Group 2022 Annual Meetings - Climate Resilience and Just Energy Transition Take Center Stage
The African Development Bank Group's Annual Meetings in May will focus on the impact of climate change on Africa and the need for a just energy transition on the continent, the… Read more »
April 08, 2022
Eritrea: African Development Fund Approves $5.5 Million Grant to Fund Phase Two of Flagship Desert to Power Energy Project in Djibouti, Eritrea, Ethiopia and Sudan
The Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the roll-out of the flagship Desert to Power initiative… Read more »
March 28, 2022
South Africa: South Africa's Energy Transition Needs Full Financial Support, Says African Development Bank Group President
Dr. Akinwumi A. Adesina, President of the African Development Bank (left) and Gwede Mantashe, South Africa's Minister of Minerals and Energy, held a bilateral meeting on 25 March… Read more »
March 16, 2022
Africa: Spark+ Africa Fund Reaches Its First Financial Close With $40 Million to Invest in Clean and Modern Cooking Solutions in Africa
The Spark+ Africa Fund has raised over $40 million in a first close, it was announced on Wednesday. The Fund is the world's first impact investment fund focused on financing the… Read more »
March 04, 2022
Cote d'Ivoire: African Development Bank Vice-President Dr. Kevin Kariuki Visits the 44mw Singrobo-Ahouaty Hydroelectric Power Project Site
The African Development Bank Group's Vice-President for Power, Energy, Climate and Green Growth, Dr. Kevin Kariuki, on Thursday 24 February accompanied the Ivorian Minister of… Read more »
March 10, 2022
Africa: Africagogreen Fund Receives Over $30 Million Investments From the African Development Bank, the Sustainable Energy Fund for Africa, and the Nordic Development Fund
The African Development Bank and the Bank's Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20 million in the AfricaGoGreen Fund, a debt… Read more »
February 18, 2022
Africa: African Development Bank Group Approves Leaf Program to Promote Investment in Decentralized Renewable Energy
The Board of Directors of the African Development Bank Group on Wednesday approved the Leveraging Energy Access Finance Framework (LEAF), under which the Bank will commit up to… Read more »
February 11, 2022
South Africa: South Africa's largest renewable energy project Redstone CSP achieves first debt draw down
Commercial operation scheduled to start in Q4 2023 Read more »
January 26, 2022
East Africa: African Development Bank Debars CP Power East Africa Limited and Mr. Dawit Wondwossen for 48 Months for Fraudulent Practices
The African Development Bank Group on 26 January 2022, announces the 48-month debarment of CP Power East Africa Limited and Mr. Dawit Wondwossen with effect from 4 November 2021.… Read more »
January 06, 2022
Botswana: African Development Bank's Sefa to Provide $1 Million in Support of Botswana's Energy Transition
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $1 million grant to facilitate Botswana's transition to clean energy . The… Read more »
