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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…
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.
Geothermal Power Plant
Djibouti Launches the Geothermal Exploitation Project
The board of directors of the African Development Bank approved, additional funding of $3.22 million for the geothermal exploitation project in the Lake Assal r…
Power Construction
AfDB Provides €62M for Rural Electrification in Over 1,300 Localities in Côte d'Ivoire
The African Development Bank (AfDB) has recently granted a loan of about 41 billion CFA francs (€62.35 million) to Côte d'Ivoire.
Power Construction
AfDB Will Lend US$242m for the Cameroon-Chad Power Interconnection
The presidency of Cameroon has authorised the government to sign two loan agreements with the African Development Bank (AfDB) totalling XAF148bn (US$243m) to fi…
$160 Millions for Renewable Energy Through the Energy Inclusion Facility
The Energy Inclusion Facility (EIF) of the African Development Bank (AfDB) has raised USD 160 million. The funds provided by several development partners will h…
Solar Power Plant
AfDB Provides $150m to Electrify 250,000 Households with Solar
The Kenyan government has recently secured $150 million (over 15 billion Kenyan shillings) from the African Development Bank (AfDB). The funds will provide sola…
Liberia Signs US $34m Deal for Gbedin Waterfalls Hydropower Project
The government of Liberia has signed a financial agreement worth US $34m with the African Development Bank (AfDB) for Gbedin waterfalls hydropower project.
LIBERIA: AfDB Finances Gbedin Waterfalls Hydropower Project
An agreement has recently been signed between the African Development Bank (AfDB) Group and the Government of Liberia to finance the Gbedin Hydroelectric Projec…
AfDB Approves €8 Million Grant to Support Ruzizi IV Hydropower Project
The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) …
Electricity Transmission
AfDB And African Union Develop Continent-wide Electricity Market Masterplan
The African Development Bank (AfDB) and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental elect…
AfDB Supports Sahofika Project, Madagascar
The African Development Bank (AfDB) has approved a Partial Risk Guarantee (PRG) of $100 million for development of the 205MW Sahofika hydropower project in Mada…
African Union to Roll Out Continent-Wide Electricity Market Masterplan
The African Development Bank (AfDB) and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental elect…
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