The World Bank lends $400 million to strengthen the railway line between Alexandria and Cairo. The…
Search Results for: African Development Bank
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.…
FCMB Promotes Clean Energy Access
The group has given strong attention to financing renewable energy projects. The bank’s initiative in the…
AFDB Issues Green Bond for Green Projects
The African Development Bank (AfDB) is issuing its first green bond in the South African rand.…
Africa Loses 15% of GDP to Climate Change
Africa is losing 5% to 15% of GDP per Capita due to climate change. Africa accounts…
Rwanda Govt, Others to Commission New Hydro Power Project
Rusumo hydro plant to supply power to Burundi, Rwanda and Tanzania. The Council of Ministers from…
AfDB, IFC Plan Clean Energy Financing for Africa
Both organisations are in talks over creating opportunities for clean energy investments. The virtual meeting will…
BOAD Launches Program to Boost Renewable Energy Adoption
BOAD inaugurates the PPIPS program to increase electricity access via solar energy. The program will be…
Rwanda, Burundi Join their Electricity Network
The government is launching the Burundian part of the electricity project with Rwanda in Burundi. The…
AfDB to Provide US$66m for Electricity Access in Guinea
AfDB approves financing for electricity access in Guinea. The funds will be used to extend electricity…