Tunisia: AfDB Approves Usd 75 Million Non-Sovereign Guarantee Corporate Loan for Energy Project in Southern Tunisia

The Board of Directors of the African Development Bank (AfDB) Group approved on June 26 a 7-year, non-sovereign guarantee, USD 75 million corporate loan to the Entreprise… Read more »

Africa: Nine Low-income African Countries Win Funding to Transform Renewable Energy Services

At the semi-annual Climate Investment Funds (CIF) governing body meetings held June 25-28 in Montego Bay, Jamaica, nine African nations were chosen to receive new funding and… Read more »

Africa: SEFA and AREF Reach Out to Nordic Investors in Renewable Energy

The promotion of renewable energy in Africa was the focus of a seminar entitled Opportunity Africa: Sustainable Energy Investments held on June 24 and 25 in Copenhagen, Denmark. Read more »

Mauritius: AfDB Approves US$ 117 Million Loan for Mauritius Power Plant

The Board of Directors of the African Development Bank (AfDB) approved on 25 June, 2014 a US$ 116.7 million loan to the Mauritius Central Electricity Board (CEB), the state owned… Read more »

Africa: AfDB to Finance Its First Renewable Energy Independent Power Producer Project in South Africa

On 23 June 2014, The Board of Directors of the African Development Bank (AfDB) approved a senior loan of USD 142 million, including a USD 41.5 million concessional financing from… Read more »

Africa: UN Secretary-General to Host First Sustainable Energy for All Forum

From: 04/06/2014 Read more »

Nigeria: Exim Bank of India and Nigeria Sign Us $100 Million Loan for Energy Development

The Export-Import Bank of India (Exim Bank) and Nigeria signed a US $100-million line of credit agreement on May 22, for the financing of three energy projects in the provision of… Read more »

Africa: Strong Partnership Will Boost Power Generation in Africa, Officials Say

The African Development Bank (AfDB) together with its partners in power generation in Africa have concurred that strong partnership will realise the Power Africa initiative. Read more »

Africa: The Importance of Energy in Improving Maternal and Child Health in Africa

The African Development Bank's (AfDB) Annual Meetings 2014 commenced in Kigali on May 19. A ministerial visit to healthcare centres in a rural area was organised to coincide with… Read more »

Angola: AfDB Grants Major Us $1 Billion Loan for Angola Energy Sector

In support of the Government of Angola's efforts to reform the power sector, the Board of Directors of the African Development Bank (AfDB) approved on Tuesday, May 13 in Tunis a US… Read more »

Zambia: Zambia Signs Energy Sector Agreement for Itezhi Tezhi Power Generation Project

The African Development Bank (AfDB), with the Dutch Development Bank FMO, the Development Bank of Southern Africa (DBSA) and Propaco of France today signed a USD142 million loan to… Read more »

Africa: African Renewable Energy Fund (AREF) Launched With $100m Committed Capital

Fund to be headquartered in Nairobi Read more »

Africa: World Water Day 2014 - AfDB and the Water-Energy Nexus

Water and energy are closely interlinked and interdependent. Energy generation and transmission requires utilization of water resources, particularly for hydroelectric, nuclear,… Read more »

Africa: SEFA and Partners Launch Competition to Link Entrepreneurs, Clean Energy Projects and Investors

Together with partners, the Sustainable Energy Fund for Africa (SEFA) is co-organizing the Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition. Read more »

Africa: African Renewable Energy Fund (AREF) Launches With $100m Committed Capital

The African Renewable Energy Fund (AREF), a dedicated renewable energy fund focused on Sub-Saharan Africa closed on Wednesday, March 12, 2014 with US $100 million of committed… Read more »

Ghana: Ghana Electricity Distribution Network to Be Reinforced and Extended With Afdb Support

In response to the significant increase in the demand for electricity in Ghana as a result of the fast growing urbanization and robust economic growth in the country, the Board of… Read more »

Africa: AfDB Affirms Its Support for Power Africa, With a Commitment of More Than Us $600 Million

The African Development Bank (AfDB) is proud to be an anchor partner of Power Africa, a five-year United States of America Presidential initiative aimed at supporting economic… Read more »

Nigeria: AfDB Vice-President Addresses Power Sector Conference in Nigeria

The Federal Government of Nigeria hosted a High Level Power Sector Conference on Monday, February 10, 2014 in Abuja. The event, which was organized by the National Council on… Read more »

Sudan: The AfDB Kicks off Workshop on Energy Access Survey in Sudan

A workshop on Energy Access Survey in Sudan financed by the African Development Bank kicked off on 26 January 2014 at the National Energy Research Centre (NERC), in Khartoum. The… Read more »

Mauritius: Sefa to Support Innovative Energy Efficiency Project in Mauritius

The Sustainable Energy Fund for Africa (SEFA) has approved a US $1-million project preparation grant at the end of December 2013 to support Sotravic Ltd. in the development and… Read more »

Morocco: Sefa Grant Provides Key Support for Morocco Wind Project

A US $960,000 Sustainable Energy Fund for Africa (SEFA) grant for the Jbel-Sendoug (Khalladi) Wind Project in Northern Morocco was approved at the end of December 2013 to support… Read more »

Zimbabwe: 5 Million People Targeted By Zimfund-Financed Energy Project in Zimbabwe

The Board of the African Development Bank (AfDB) approved on Friday, December 20 the Emergency Power Infrastructure Rehabilitation Project Phase II (EPIRP II) in Zimbabwe. The… Read more »

Mozambique: AfDB Technical Assistance Aims to Optimize Development of Mozambique's Energy Resources

The Board of the African Development Bank Group (AfDB) approved a US $15.3 million African Development Fund loan for technical assistance to the Government of the Republic of… Read more »

Nigeria: ADF Partial Risk Guarantee Program to Stimulate Private Investment in the Nigerian Power Sector

The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Partial Risk Guarantee (PRG) program of US $184.2 million*, and an… Read more »

Rwanda: AfDB and Rwanda Sign Financing Agreements to Support Skills Development in the Energy Sector

The African Development Bank (AfDB) and Government of Rwanda signed on Monday, December 16, 2013, in Kigali, two financing agreements to support skills development in the energy… Read more »