December 03, 2018
Nigeria: The African Development Bank and Africa Growing Together Fund to Provide U.S.$ 200 Million in Joint Financing to Support the Nigeria Electrification Project
The Board of Directors of the African Development Bank Group has approved a US$150 million sovereign loan to the Federal Government of Nigeria to finance the Nigeria… Read more »
November 30, 2018
South Africa: African Development Bank Approves a Zar 3 Billion Loan to Bolster Renewable Energy in South Africa
The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to… Read more »
Kenya: African Development Bank Group Approves U.S.$18.17 Million for the Kopere Solar Project in Kenya
The African Development Bank Group has approved a US$ 18.17 million senior loan to the 40 MWac (50MWp) Kopere Solar Power Project owned by Voltalia, an international player in the… Read more »
November 13, 2018
Africa: African Development Bank Launches Africa Energy Portal
The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg. Read more »
November 12, 2018
Africa: Africa Investment Forum 2018 - African Development Bank Achieves Significant Progress With Energy Projects Across Africa.
The just-concluded Africa Investment Forum successfully convened key stakeholders, and provided an unprecedented platform for effective dialogue to drive investments into the… Read more »
November 08, 2018
Africa: The Trade and Development Bank and USAID Sign MOU to Power Africa
The Eastern and Southern African Trade and Development Bank (TDB) and USAID's Power Africa initiative have today signed a memorandum of understanding (MoU) that will finance power… Read more »
November 07, 2018
Africa: Renewable Energy in Africa - African Development Bank and Moroccan Agency Masen Join Forces to Roll Out 'Desert to Power' Initiative
The African Development Bank Group President Akinwumi Adesina and Mustapha Bakkoury, President of Moroccan agency Masen (Moroccan Agency for Sustainable Energy), have signed a… Read more »
October 17, 2018
Rwanda: Rwanda and African Development Bank Sign €229 Million Loan Agreements to Finance Electricity Projects
The Honorable Minister of Finance and Economic Planning Dr. Uzziel NDAGIJIMANA signed on behalf of the Government of Rwanda and Mrs. Martha PHIRI, Bank Group Country Manager for… Read more »
October 16, 2018
Africa: African Development Bank to Host Seminar On Promotion of Gender Equality in Africa's Power Sector
The African Development Bank, in partnership with the Association of Power Utility of Africa and the French Development Agency will host a seminar on "How to Promote Gender… Read more »
October 10, 2018
Kenya: Kenya Goes All Out for Renewable Energy
Kenya has taken less than a decade to make giant strides in its energy sector. Key to this are two iconic renewable energy projects that have benefited from the decisive support of… Read more »
October 08, 2018
Eswatini: African Development Bank Convenes Public Private Partnerships Workshop for Swaziland Energy Sector
The African Development Institute of the African Development Bank and the Southern Africa Regional Development and Business Delivery Office will host a national workshop on… Read more »
October 01, 2018
Rwanda: African Development Bank Injects $266 Million Into Rwanda's Electricity Expansion Project
The African Development Bank has approved a loan of $266 million to support Rwanda's program to improve electricity supply reliability and expand access to electricity as part of a… Read more »
September 24, 2018
Ghana: African Development Bank Supports Ghana's Renewable Energy Sector With $1.5 Million Grant
The African Development Bank has approved a US$1.5 million grant from its Sustainable Energy Fund for Africa (SEFA), to assist Ghana's s renewable energy investment drive. The… Read more »
September 13, 2018
Angola: Sustainable Energy Fund for Africa Grants U.S.$ 1 Million to Stimulate Renewable Energy Investments in Angola
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a US$1 million grant to Independent Power Producers (IPP) in Angola to… Read more »
August 27, 2018
Africa: African Development Bank, Nordic Development Fund and Partners Launch Off-Grid Energy Access Fund With Us$58 Million
The African Development Bank, the Nordic Development Fund and other partners have committed US$ 58 million to support the Off-Grid Energy Access Fund (OGEF). Read more »
July 30, 2018
Africa: Morocco Making Giant Strides in Electrification
Morocco has emerged as a pioneer in renewable energy in Africa, revolutionizing its energy sector, to achieve nearly hundred percent nationwide supply Read more »
July 24, 2018
Uganda: Consortium Delivers Bujagali Refinancing to Reduce Ugandan Electricity Costs
A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than USUS$400 million loans of Bujagali Energy Limited… Read more »
July 23, 2018
Africa: In Kenya, African Development Bank Marks a Milestone in Financing Clean Energy On the Continent
Excited by the success of the Menengai geothermal power projects in Kenya, African development Bank plans to increase the share of its clean energy-financing portfolio to 100%. The… Read more »
July 17, 2018
Africa: African Development Bank Convenes Pre-Ticad Energy Sector and Africa Investment Forum Seminar in Japan
The African Development Bank will on 2 August, 2018 organize a seminar on Africa's energy and investment potentials in Tokyo, Japan. Read more »
July 11, 2018
Africa: Zambia to Diversify Energy Generation With African Development Bank Support
The Board of Directors of the African Development Bank has approved US$50 million framework financing for small-scale renewable energy projects in Zambia, which will help diversify… Read more »
Africa: African Development Bank Energy Forum Makes Recommendations and Suggests Strategies for Accelerating Development.
Stakeholders commit to time-bound action plans in renewed urgent drive to light up Africa. Read more »
July 09, 2018
Africa: Power Utility Transformation - African Development Bank to Co-Organize 2018 CEO Governance and Leadership Forum On Smart Grids in the Power Sector
Improving Governance and Leadership in Africa's power sector is an imperative for addressing various bottlenecks impeding the performance of power utilities in the continent. Read more »
June 27, 2018
Africa: Sustainable Energy Fund for Africa Triggers Power Sector Reform in São Tomé & Príncipe Through Mini-Hydro Projects Support
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved on 30 May 2018 a US$ 1 million grant to support the Republic of São… Read more »
June 21, 2018
Africa: African Legal Support Facility Receives an Award From Africa Energy Forum
In keeping with its focus on energy security and development, the ALSF alongside the African Development Bank attended the 20th Africa Energy Forum (AEF), taking place from 19-22… Read more »
Africa: With Alsf Support, Seychelles Launches Tender for the Development of a 4-Mw Solar PV Plant
With the support and technical guidance of the African Legal Support Facility (ALSF), and in the context of the Africa Energy Forum held in Mauritius, Seychelles Minister of… Read more »
