The amount of heat within 10,000 meters (about 33,000 feet) of earth's surface, according to the Union of Concerned Scientists, "contains 50,000 times more energy than all the oil and natural gas resources in the world." To address Africa's current and future energy needs, the African Development Bank (AfDB), in a "New Deal on Energy for Africa," wants to help the continent get its hands on all its energy resources, including the15 gigawatts of geothermal energy under the surface. More on the AfDB in this BRIEFING.
To address Africa's current and future energy needs, the African Development Bank (AfDB), in a "New Deal on Energy for Africa," wants to help the continent get its hands on all its energy resources, including the15 gigawatts of geothermal energy under the surface. The Menengai geothermal development project, for example, is located in the Rift Valley, about 180KM northwest of Nairobi. Through the development, the AfDB seeks to harness the potential of the Menengai geothermal steam field in generating150 MW of clean, reliable and affordable electricity annually so as to meet the growing energy needs of Kenyan households, businesses and industries.
Although Kenya produces just enough power to meet its current demand for households and businesses tied to the grid, it is constantly plagued with ... see more »
A New Deal On Energy for Africa
African Development Bank, 21 January 2016
Africa needs a new deal on energy, and now it has one. US President Roosevelt's post-Depression New Deal of the 1930s focused on 'Relief, Recovery and Reform'. For Africa's New… Read more »
AfDB Presents New Deal On Energy for Africa and the Transformative Partnership On Energy in Davos
"If you want to go fast, go alone. If you want to go far, go together," said Adesina. Read more »
The African Development Bank Group (AfDB) presented its New Deal on Energy for Africa, and launched a Transformative Partnership on Energy at the ... see more »
The African Development Bank (AfDB) has placed energy squarely on the front burner of its development agenda, for a continent on which some 645 million, more than half of the ... Read more »
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