December 28, 2017
Africa: African Development Bank achieves 100% investment in green energy Projects in 2017
Commits to 100% climate screening for all Bank financed projects Read more »
December 21, 2017
Kenya: Sustainable Energy Fund for Africa Improves Waste-to-Energy Electricity in Kenya With U.S. $1 Million Grant
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a grant of US $ 995,000 to Asticom Kenya Ltd., to support the construction of a… Read more »
December 20, 2017
Africa: Sustainable Energy - African Development Bank Approves Us $ 20m Support to Evolution Fund II
As part of its wider mandate under the New Deal on Energy for Africa, the Board of Directors of the African Development Bank on December 15, 2017, approved an investment of US $20… Read more »
Mozambique: African Development Bank and Government of Mozambique Light Up 80,000 Households and Businesses
"The expansion of the Dondo substation will not just light up households and family units. It will also power the industrial growth of the Sofala and Manica provinces, creating… Read more »
December 08, 2017
Africa: Côte d'Ivoire's Renewable Energy Project Receives €50 Million Financing Support From African Development Bank
Côte d'Ivoire will boost its electricity production through a 44-megawatt hydroelectric power project supported with a €50 million African Development Bank financing… Read more »
December 07, 2017
Africa: African Development Bank Leads the Way in Renewable Energy
In line with the New Deal on Energy for Africa, the African Development Bank has approved US$324 million in loan support to two renewable energy projects in Morocco and Côte… Read more »
November 30, 2017
Africa: AfDB and WWF Agree to Focus On Conservation, Energy and Agriculture
The World Wide Fund for Nature (WWF) and the Africa Development Bank (AfDB) have announced a new three-year partnership agreement. The agreement comes on the heels of a three-year… Read more »
November 29, 2017
Cameroon: AfDB Helps Cameroon Unlock Its Energy Potential With €150m Loan
The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of € 150m to help finance the 420 MW Nachtigal hydroelectric project, with the… Read more »
November 24, 2017
Africa: AfDB Approves U.S. $97.79 Million for Financing Energy Transmission and Distribution Upgrade in Ethiopia
The African Development Bank (AfDB) Board of Directors approved on Wednesday, November 22 a US $83.64-million African Development Fund (ADF) loan and US $14.15-million ADF grant to… Read more »
November 16, 2017
Africa: African Governments and Off-Grid Energy Industry Take Steps to Accelerate Progress Towards Universal Energy Access
At the first edition of the Off-Grid Government-Industry Dialogue (OGID) Day on 24 October 2017 in Abidjan, 80 representatives of African governments and practitioners from the… Read more »
November 09, 2017
South Africa: Sefa to Support the Development of a Biomass-to-Power Plant in South Africa
The Sustainable Energy Fund for Africa (SEFA) has approved US$990,000 to eThala Management Services, to support the development of a 10-MW Biomass-to-Power plant to be located in… Read more »
East Africa: East Africa Gas Competence Seminar and Investment Roundtable, Dar es Salaam, Tanzania
The African Natural Resources Center of the African Development Bank (AfDB) is organising the East Africa gas competence seminar and investment roundtable in Dar es Salam, Tanzania… Read more »
October 31, 2017
Africa: Power Sector Leadership Workshop On Governance and Loss Reduction
The Power Systems Development Department (PESD) of the African Development Bank (AfDB) and the Association of Power Utilities of Africa (APUA) will co-organize a Workshop on… Read more »
October 27, 2017
Egypt: Africa50 Reaches Financial Close for Solar Plants in Egypt
Africa50, the infrastructure fund for Africa, Scatec Solar and Norfund have signed the long-term financing documentation for the 400 MWDC utility scale photovoltaic (PV) power… Read more »
October 25, 2017
Africa: Multi-Stakeholder Preparatory Workshop to the Great Green Wall
Context of the Partnership between the Bank and the PAGGW in the context of the Desert to Power Initiative. Read more »
October 05, 2017
Africa: AfDB Issues Its First "Light Up and Power Africa" Theme Bond
The African Development Bank (AfDB) has issued the first "Light Up and Power Africa" Bond for SEK 733 million (approximately JPY 10 billion) sold to the Dai-ichi Life Insurance… Read more »
September 28, 2017
Africa: AfDB President Lays the Foundation Stone in the Electrification Project in Burkina Faso
The President of the African Development Bank (AfDB) Group, Akinwumi Adesina, arrived in Ouagadougou for a three-day official visit and was immediately welcomed by Burkina Faso's… Read more »
September 27, 2017
Africa: President Akinwumi Adesina in Niamey - the AfDB Is Working With Niger to Speed Up Its Development
The President of the African Development Bank (AfDB), Akinwumi Adesina, arrived in Niamey on Tuesday, September 26, 2017 for a two-day official visit to Niger, which began with a… Read more »
September 20, 2017
Africa: Reports Show Greater Finance Needed to Close the Electricity and Clean Cooking Access Gap By 2030
Highlights opportunities to spur investment in centralized and decentralized energy access solutions Read more »
Africa: Reports Show Much Greater Finance Needed to Achieve Global Goals to Close the Electricity and Clean Cooking Access Gap By 2030
New Energizing Finance report series highlights opportunities to spur investment in centralized and decentralized energy access solutions Read more »
September 05, 2017
Africa: AfDB Approves U.S. $55-Million (Including U.S.$ 7 Million From GEF) Loan for Three Solar PV Projects in Egypt
The Board of Directors of the African Development Bank (AfDB) Group has approved three senior loans for a total amount of US$ 55 million to finance three solar PV Projects under… Read more »
August 11, 2017
Lesotho: Sefa to Support First Utility-Scale Solar PV Project in Lesotho
The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US$ 695,500 grant to NEO I SPV Pty Ltd., a subsidiary of OnePower Lesotho Pty Ltd.,… Read more »
August 02, 2017
Africa: Transformation of Cocoa Production, Rural Economy, Energy in Focus, As Adesina Visits Ghana
Ghanaian government pledges support for AfDB's High 5s Read more »
July 19, 2017
Tanzania: Tanzania Wins U.S.$21.7 Million From Climate Investment Funds to Advance Geothermal Exploration and Transform Its Energy Sector
The Climate Investment Funds (CIF) has approved US $21.7 million for the United Republic of Tanzania to finance its Geothermal Energy Development Project. Read more »
July 11, 2017
Africa: AfDB, Islamic Development Bank Sign New Us $ 2billion Deal to Fund Energy, SMEs, Human Development Programs
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have signed a landmark agreement to strengthen partnership at country level. Read more »
