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Hydropower Plant
AfDB Approves $9.72m Grant to Modernise African Hydropower
Hydropower plants, like Kinguélé Aval in Gabon, can, with refurbishment, play a key role in Africa's energy transition by reducing reliance on…
Renewable Energy
AfDB 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 D…
Hydropower Plant
Africa's hydropower plants set for upgrades to boost generation
A hydropower dam is seen operating at the Kibali gold mine Haut-Uele province, Democratic Republic of Congo October 8, 2021. REUTERS/Hereward Holland/File Photo…
Solar Battery (Storage)
Mauritius Plans 100 MW Solar+Storage Project
The African Development Bank (AfDB) is seeking consultants to conduct technical due diligence for four storage-connected solar projects in Mauritius.Image: flow…
Solar project
Development Banks Ifc and Afdb Finance Solar-Plus-Storage Projects in Malawi and Eritrea
Development banks IFC and AfDB have financed co-located projects in Malawi and Eritrea which collectively total 25MW of energy storage.The International Finance…
Solar Power Plant
AfBD Approves Financing for 100-Mw Kairouan Solar Project in Tunisia
The Board of Directors of the African Development Bank Group (AfDB) recently approved a $27 million and €10 million loan package to co-finance the construc…
Energy Transition
AfDB Pledges $2.8bn Towards South Africa for Energy Transition
African Development Bank Group President Dr Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8 billion package for t…
Nigeria
Nigeria Oil Refinery About to Come Online Later This Year
AfDB President Dr Akinwumi Adesina described the Dangote oil refinery and petrochemical plant project in Nigeria as a game-changing initiative that will spur th…
Electricity Reform
SADC and COMESA Receive AfDB Grant to Advance Electricity Regulations
SADC and COMESA will receive $2.5 million in combined grants from the African Development Bank to advance intra-regional harmonisation of electricity regulation…
Energy Transition
MAURITIUS: Strategy Paper 2021-2025 will Speed up Energy Transition
The African Development Bank (AfDB) publishes the Mauritius Strategy Paper 2021-2025.
Power Construction
AfDB Offers $530m Funding for Power Transmission Project in Angola
The African Development Bank (AfDB) has agreed to provide $530m funding for the construction of a transmission line in Angola.
South Africa
AFRICA: AfDB Allocates $5 million to Renewable Energy Projects in the G5 Sahel
The "Desert to Power" initiative has just received a grant of 5 million dollars from the Sustainable Energy Fund for Africa, managed by the African Development …
Electricity Transmission
Madagascar Secures $43m AfDB Loan for 2nd Phase of Power Transmission Project
The Board of Directors of the African Development Bank (AfDB) has approved a loan of $42.9 million to finance the second phase of a major power transmission and…
Energy Transition
IRENA and AfDB to Support Investments in African Low Carbon Energy Projects
The IRENA and the AfDB have agreed to jointly scale up low carbon energy project investments and advance energy transition in Africa.
Hydropower Plant
AfDB Approves $120m for Hydropower Project in Tanzania
The African Development Bank has approved $120million in funding to construct the 50MW Malagarasi Hydropower project in western Tanzania.
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