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Renewable Energy
European, Southern African Development Banks to Lend Extra $220 Mln to Clean Energy Projects
Wind turbines produce renewable energy outside Caledon, South Africa, May 20, 2020. Picture taken May 20, 2020. REUTERS/Mike Hutchings/File Photo Purchase Licen…
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…
Hydropower Plant
SEFA Highlights Hydropower Modernisation as Catalyst for Africa's Energy Transition
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has emphasized the importance of hydropower modernisation in meeting the…
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 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…
Net Zero Emission
Alliance Launches to Accelerate Green Infrastructure Finance in Africa
The African Union, the African Development Bank and Africa50 together with several global partners launched a multi-billion alliance for green infrastructure. …
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…
Energy Storage Battery
African Development Bank Grants Loan Towards 800MWh of Battery Storage in South Africa
A US$57.67 million loan towards the development cost of large-scale battery energy storage system projects will be made to South Africa’s public electricity ut…
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 Investment
African Development Bank Group’s $6 million Grant Kicks off Desert-to-Power West Africa Regional Energy Program
The Board of Directors of the African Development Bank Group has approved a $6 million grant to launch the initial phase of the Desert to Power West Africa Regi…
Power Construction
Electricity Connection Between Ethiopia and Djibouti to Expand
The African Development Bank has approved two grants totaling $83.6m to boost cross-border trade in electricity between Ethiopia and Djibouti.
Hydropower Plant
Tanzania Secures Funding for 50MW Hydropower Project
The African Development Bank will loan the government of Tanzania $140 million to finance the construction of the 50MW Malagarasi hydropower plant.
Energy Transition
MAURITIUS: Strategy Paper 2021-2025 will Speed up Energy Transition
The African Development Bank (AfDB) publishes the Mauritius Strategy Paper 2021-2025.
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