The African Development Fund (ADF) provides US$ 10.5 million in financing to Ivory Coast. This financing…
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Empower Secures $74m to Provide Solar Energy to Businesses
Empower New Energy is raising $74 million to finance the solarisation of African businesses. The funds…
$400m to Decarbonize Transport Between Cairo and Alexandria
The World Bank lends $400 million to strengthen the railway line between Alexandria and Cairo. The…
Covid-19 Green Off-Grid Support Receives $20m Funding
The funding partners of the Covid-19 Off-Grid Recovery Platform announce an additional $20 million in funding.…
Africa Loses 15% of GDP to Climate Change
Africa is losing 5% to 15% of GDP per Capita due to climate change. Africa accounts…
NMB Pledges to Support Energy Investments in Tanzania
Banks reaffirms its commitment to supporting Tanzania’s energy sector. NMB Bank has pledged to provide financial…
Rwanda, Burundi Join their Electricity Network
The government is launching the Burundian part of the electricity project with Rwanda in Burundi. The…
ADF to Provide $2 Million for Electricity Reforms in West Africa
ADF to provide USD 2 million to fund electricity reforms across ECOWAS. The Board of Directors…
SEforALL, Others to Develop New Establishment for Africa’s Electrification
A new collaboration was established for Africa’s renewable energy financial innovation. The establishment will support innovative…
Ghana Govt. Acquires $70m for Off-Grid Solar Electrification
AfDB signs a financing agreement with the government of Ghana. The funds will be utilised for…