For Malawi, decarbonization and mix diversification of the electricity are promising. 165 kilometers from the country’s…
Search Results for: Africa Energy Bank
AfDB, AFD to Fund the Kakono Hydropower Plant with $276 million in Tanzania
The Kakono hydropower project in Tanzania is proceeding as planned. Both the African Development Bank (AfDB)…
Tanzania Hydropower plant gets $300m from AfDB, France and EU
The African Development Bank, the French Development Agency (AFD) and the European Union (EU) have agreed…
NSIA and Vitol to finance sustainable Development Through Carbon Credits in Nigeria
Vitol, a crude oil brokerage company, and the Nigeria Sovereign Investment Authority (NSIA), Nigeria’s sovereign wealth…
Qair to Build Seychelles’ First Floating Solar Power Plant
French renewable power developer Qair has signed a power purchase agreement (PPA) with Seychelles authorities to…
AfDB Finances Dekemhare Solar Plant with $49m
The African Development Bank will contribute $49.92 million to the Dekemhare solar plant in Eritrea. (AfDB).…
RSWE Seals Financing for 500 MW Wind Farm in the Gulf of Suez
Red Sea Wind Energy (RSWE) has completed another significant step in the development of its second…
CIF Grants $28 million for Electrification Using Solar Mini-Grids
Ghana’s electrification would be supported by $28.49 million in funding, according to the African Development Bank…
AfDB Approves $28.49 Million Grant to Enhance Ghana’s Universal Electrification Goal
The African Development Bank’s Board of Directors has approved a $28.49 million grant for Ghana to…
AfDB, Mauritania’s BCI Group Ink $485,000 AFAWA Agreement
The African Development Bank (AfDB) has signed a technical assistance agreement with the Mauritanian financial institution, the Bank…