AfDB Allocates $379m for Desert to Power Project

$379.6 million was recently allocated by the African Development Bank (AfDB) for a power financing facility…

Nigeria, Others to Benefit from AfDB’s $164m Renewable Energy Commitment

AfDB plans to commit $164m for renewable energy development in six African countries. The finance is…

AfDB to Provide $27.39m for Ghanaian Off-grid Solar Project

AFDB approves a $27.39 million grant for Ghana’s RE development The Ghana Mini-Grid and Solar Photovoltaic…

Sokoto to Benefit from AfDB’s Energy Development Support

Northern Nigeria is to benefit from AfBB’s Power initiative. The project will serve about 250 million…

UGANDA: Uganda Tops AfDB’s Best Regulated Electricity Market

AfDB releases Electricity Regulatory Index 2021 report Uganda ranks No. 1 in Africa Nigeria ranks 23rd…

AfDB, Proparco, EAIF Commit €36.6m for Solar Park Development in Chad

Development finance institutions have jointly committed €36.6 million for the construction of the Djermaya solar photovoltaic…

Natural Gas is Vital to Africa’s Development – AfDB Boss

Africa needs natural gas for industrialisation AfDB seeks financing for energy projects in Africa In an…

Great Green Wall Will Turn the Sahel Green – AfDB President

African Development Bank President Dr Akinwumi A. Adesina has highlighted the importance of stopping desertification in…

AfDB Consents $57.67M Loan to Eskom for Renewable Energy Generation

South Africa’s utility will receive funding for renewable energy generation. The concession loan will come from…

NIGERIA: AfDB Chief Agrees With Osinbajo on Continued Funding for Gas Projects

  The African Development Bank (AfDB), Vice President for Power, Energy, Climate and Green Growth Kevin…