April 30, 2020
Africa: Olive Groves and Businesses Boom As Rural Moroccans Get On the Grid
A Bank-backed electricity scheme has helped Moroccans turn on lights across the country. Read more »
April 15, 2020
Africa: African Development Bank's Sefa Grants $760,000 to Develop Small-Scale Renewable Energy Projects Across Sub Saharan Africa
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA), has approved a $760,000 grant to Empower New Energy AS (EmNEW), to develop at least eight small… Read more »
March 17, 2020
Nigeria: African Development Bank to Provide Underserved Communities in Nigeria With Sustainable Energy Solutions
The African Development Bank and the Government of Nigeria have launched the National Electrification Project (NEP), to address critical energy access deficits by channeling… Read more »
March 16, 2020
Africa: The African Development Bank's Facility for Energy Inclusion Attracts $160m in Commitments for Small-Scale Renewable Energy
The African Development Bank, the European Commission, KfW, the Clean Technology Fund, Norfund, and other investors have committed nearly $160 million to the first close of the… Read more »
March 03, 2020
Africa: The African Development Bank Group Appoints Dr. Kevin Kanina Kariuki As Vice-President, Power, Energy, Climate and Green Growth
The African Development Bank Group is pleased to announce the appointment of Dr. Kevin Kanina Kariuki as the Vice President for Power, Energy, Climate & Green Growth, effective… Read more »
February 04, 2020
Liberia: African Development Fund Approves Close to $35 Million to the Government of Liberia for Renewable Energy
The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. Read more »
January 10, 2020
Africa: African Development Bank Sponsored Off-Grid Energy Access Fund Reaches Final Equity Close With Partner Contributions
The Facility for Energy Inclusion's Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59 million in committed equity capital and $36 million debt… Read more »
January 07, 2020
Africa: African Development Bank Approves $20 Million Investment in Metier Fund to Support Renewable Energy in Sub-Saharan Africa
The Board of Directors of the African Development Bank has approved a $20 million investment in the Metier Sustainable Capital International Fund II, which channels funds to… Read more »
December 23, 2019
Africa: Sudan - African Development Bank Approves $21.783 Million Grant for Roll Out of Solar-Powered Irrigation
The African Development Bank's Board of Directors has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country's West… Read more »
December 18, 2019
Africa: Cop 25 - After Renewable Energy, What Else Can Salvage Climate Change? African Development Bank Presents Update On Adaptation Benefits Mechanism
Three decades ago, renewable energy was considered too futuristic. The idea of plugging a car into a wall socket was unthinkable. Read more »
December 17, 2019
Madagascar: African Development Bank Approves Guarantee of $100 Million to Hydro-Power Project, to Benefit Over 2 Million People
The Board of Directors of the African Development Bank has approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar, which… Read more »
Burundi: African Development Bank's Sefa Grants $1 Million to Support Innovative Solar-Hydro Hybrid Project
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9-MW solar-hydro hybrid project in… Read more »
December 12, 2019
Africa: African Development Bank Validates Regional Power Acceleration Programme, to Boost Bankability of Regional Power Projects
The African Development Bank has validated a study report on enhancing regional and sub-regional power projects to enhance energy access and integration across the continent. Read more »
Africa: African Development Bank and African Union to Roll-Out a Continent-Wide Electricity Market Masterplan
The African Development Bank and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental electricity network and market. Read more »
December 10, 2019
Rwanda: African Development Bank and Partners Inaugurate Shango Power Substation in Rwanda to Facilitate Access to the Regional Electricity Market
The African Development Bank, Embassy of Germany in Rwanda and the KfW Development Bank joined the Government of Rwanda to inaugurate the high voltage 188 MVA Shango power… Read more »
November 22, 2019
South Sudan: South Sudan - African Development Bank-Financed Upgraded Juba Power Distribution System Comes Onstream
The government of South Sudan on Thursday commissioned a $38 million upgraded power distribution system financed by the African Development Bank to restore reliable electricity… Read more »
November 12, 2019
Africa: 2019 Africa Investment Forum - Achieving an African Economy Four Times Bigger With Only a 50 Percent Increase in Energy Demand
Africa has the potential to expand the continental economy fourfold, with energy demands expanding by only 50 percent, according to a new report. The International Energy Agency… Read more »
November 09, 2019
Africa: Why the Africa Investment Forum Matters for the Continent's Energy Transformation - - Wale Shonibare, Acting Vice-President, Power, Energy, Climate Change & Green Growth, African Development Bank
The African Development Bank's New Deal on Energy for Africa underlines the urgency to power the continent in order to end energy poverty, catalyze industrialization, and stimulate… Read more »
October 14, 2019
Cameroon: Three Power Plants Financed By the African Development Bank to Reduce Power Cuts
For many years, Cameroon's national electricity supply has been notoriously unreliable and subject to power cuts. The last significant electric system outage, which lasted eight… Read more »
October 10, 2019
Africa: First Watt Renewables Winners of Renewable Energy Forum 2019 Co-Organized By the African Development Bank
First WATT Renewables were winners of the 4th West African Forum for Climate and Clean Energy Financing (WAFCCEF) contest, held on Thursday 26 September in Abidjan and co-organized… Read more »
September 25, 2019
Africa: Unga 2019 - No Room for Coal in Africa's Renewable Future: Akinwumi Adesina
African Development Bank President Akinwumi Adesina on Tuesday unveiled ambitious plans to scrap coal power stations across the continent and switch to renewable energy at United… Read more »
September 20, 2019
Nigeria: African Development Bank's Sustainable Energy Fund for Africa Approves $500,000 Grant for Clean Energy
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $500,000 grant to support the development and launch of the Nigeria Energy… Read more »
September 13, 2019
West Africa: G5 Sahel Summit - African Development Bank, Partners, Commit to Light Up and Power the Sahel With the Desert to Power Initiative
Dr. Akinwumi Adesina, president of the African Development Bank, has arrived in Ouagadougou, capital of Burkina Faso, ahead of the G5 Sahel Summit, and was received by Burkina… Read more »
September 12, 2019
Africa: Three Questions to Wale Shonibare, Acting VP, Power, Energy, Climate & Green Growth
What is the Desert to Power Initiative? Read more »
August 30, 2019
Mozambique: African Development Bank Contributes to Major Power Transmission Line
The African Development Bank is to part-finance the construction of a 563 km power transmission line in Mozambique, after signing the agreement on 28 August to start the Temane… Read more »
