December 18, 2023
Africa: Multinational - African Development Bank's Sefa to Provide $9.72 Million to Modernise the African Hydropower Fleet
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP),… Read more »
December 15, 2023
Cameroon: Cameroon - African Development Bank Grants a Loan of Eur 74 Million for Electricity Sector Reforms to Facilitate Universal Access to Power
The Board of Directors of the African Development Bank Group approved a loan of EUR 74.25 million to Cameroon in Abidjan on 14 December 2023 to implement the first phase of the… Read more »
December 13, 2023
Africa: São Tomé and Príncipe - African Development Bank Group Extends $17.4 Million to Support Public Finance and Energy Sector Reforms
The Board of Directors of the African Development Bank Group has approved $17.4 million in grants for Sao Tome and Príncipe to shore up the national budget and enhance… Read more »
December 14, 2023
Africa: Africa Needs Just Trade for a Just Energy Transition, African Development Bank Head Says At Doha Forum
The President of the African Development Bank Group Dr Akinwumi Adesina has reiterated his warning that the introduction of a carbon border tax by the European Union could push… Read more »
December 09, 2023
South Africa: South Africa - African Development Bank Approves $1 Billion Guarantee From the United Kingdom to Support SA's Just Energy Transition
The Board of Directors of the African Development Bank Group has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office… Read more »
December 06, 2023
Africa: Global Leaders Call for Increased Resources to Provide 1 Billion People With Clean Cooking Solutions in Africa
"Every woman, every mother must be able to turn on the gas cooker and cook a decent meal like anywhere else in the world"--Adesina Read more »
Africa: COP28 - Mozambique's $80 Billion Energy Transition Will Leverage Its Vast Renewable Resources, Says President
"African countries, and in this case Mozambique, should use an energy mix of hydroelectric power and natural gas"--Adesina Read more »
December 05, 2023
Africa: COP28 - Italy Announces €5 Million Contribution to Sustainable Energy Fund for Africa
Italy has made a new commitment of €5 million to Africa's sustainable energy future through the Sustainable Energy Fund for Africa (SEFA) Special Fund. The Italian Deputy… Read more »
December 03, 2023
Africa: COP28 - Clean Cooking for All Africans Is Possible, Say World Leaders
Leaders from around the world have declared their commitment to provide clean cooking energy by 2032 to nearly a billion people in Africa who still cook using firewood and other… Read more »
Africa: COP28 - African Countries Sign On to Join Pioneering Global Battery Energy Storage Consortium
African Development Bank joins initiative of the Global Leadership Council as resource partner Read more »
November 30, 2023
Africa: Malawi - African Development Bank Prioritizes Energy, Transport, Water and Agriculture in Its Country Strategy for 2023-2028
The Board of Directors of the African Development Bank Group approved the Country Strategy Paper (CSP) 2023-2028 for Malawi on 16 November 2023. The strategy focuses on two… Read more »
November 29, 2023
Kenya: Kenya - African Development Bank Commits More Than €101 Million to Boost Access to Electricity
The Last Mile Connectivity Project - Phase III, which will be implemented over six years (2024-2029), will provide electricity for more than half a million Kenyans. Read more »
November 22, 2023
Africa: Germany Pledges 4 Billion Euros in Africa's Green Energy - AfDB President Calls for Enhanced Partnership
"Produce green hydrogen and you can rely on us as buyers"--German Chancellor Scholz tells African leaders Read more »
November 17, 2023
Mauritania: African Development Bank Approves Desert to Power Rimdir Mini Grid Electrification Project in Mauritania
The African Development Bank Group on 2 November 2023, approved a contribution of EUR 14.42 million towards the RIMDIR Mini Grid Electrification Project in Mauritania as part of… Read more »
November 07, 2023
Botswana: Accelerating Reforms and Leveraging Investment Opportunities for Energy Sector Transformation in Botswana
What: The 7th Africa Energy Market Place Read more »
October 31, 2023
South Africa: South Africa - African Development Bank Approves $300 Million for Energy Governance and Climate Resilience
The Board of Directors of the African Development Bank Group has approved a $300 million loan to South Africa to implement its Energy Governance and Climate Resilience Programme. Read more »
October 24, 2023
Africa: Rich in Green Minerals, African Countries Eye Booming Electric Vehicle and Clean Energy Market Worth Trillions of Dollars
The International Energy Agency projects that manufacturers of clean energy technologies will need forty times more lithium, twenty-five times more graphite, and about twenty times… Read more »
October 18, 2023
Africa: Africa Must Rethink Natural Resources Management to Avoid Adverse Socio-Economic Consequences - Experts
Rethinking responsible use of natural resources Read more »
Africa: Webinar On the Role of the Regulator in the Energy Transition
What: Webinar on the role of the regulator in the energy transition Read more »
September 26, 2023
Tunisia: Tunisia - AfDB, Amea Power, IFC and Sefa Launch First Large-Scale Privately-Financed Solar Project
The African Development Bank and the Sustainable Energy Fund for Africa (SEFA), in partnership with the International Finance Corporation and UAE's AMEA Power, today herald… Read more »
September 13, 2023
Africa: Korea and Africa Rally Additional Finance and Technology for Universal Energy Access and to Make Africa World's Breadbasket
33 African finance ministers, ambassadors, heads of pan-African institutions and NGOs, CEOs and Korean private sector leaders gathered in Busan for the 7th KOAFEC Ministerial… Read more »
September 11, 2023
Africa: AfDB's Sustainable Energy Fund for Africa Welcomes $50 Million in New Commitments From Germany and USA At Africa Climate Summit
The African Development Bank's Sustainable Energy Fund for Africa (SEFA) welcomes approximately $50 million in new funding contributions from Germany and the United States. The… Read more »
September 05, 2023
Africa: Africa Must Optimise All It Has to Achieve Universal Energy Access, Says African Development Bank Head
Dr Adesina addressed participants during the session on 'Harnessing Africa's renewable energy potential' on September 4th. Read more »
September 01, 2023
Africa: International Energy Agency, African Development Bank to Launch Joint Report On Financing Clean Energy in Africa At Africa Climate Summit
What: Launch of the IEA-AfDB Joint Report on Financing Clean Energy in Africa Read more »
August 24, 2023
Africa: Renewable Energy Offers Africa's Best Opportunity to Achieve the Sustainable Development Goals, Experts Say
Africa must increase investment in developing its renewable energy, and attract greater support of the private sector and international financial institutions, if it is to achieve… Read more »
