The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
Search Results for: African Development Bank
CIF Endorses $70m for Renewable Energy in Kenya
The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
IFC Invests $20m in Africa50 for Sustainable Infrastructure
The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…
WAPP Proposes $156m Budget for 330kV Power Project
The West African Power Pool (WAPP) has proposed a $156 million annual budget to execute its…
AfDB Invests $302.9m in Mali-Mauritania’s Power Projects
African Development Bank (AfDB) allocates $302.9 million for power projects in Mauritania and Mali. The funding…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
Kenya Joins Consortium to Develop BESS
Kenya has joined the nine African countries to form a consortium leading the world to develop…
Consortium Seals $5bn for Hydroelectric Project in Mozambique
A consortium comprising TotalEnergies, Électricité de France (EDF), and Sumitomo Corporation has signed crucial agreements with…
AfDB: Africa’s Hydropower Plant Set for Upgrades
Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…
COP28: Scatec Signs Solar Project Pact in Egypt
Norwegian renewable power producer Scatec has signed a pact for a project to deploy 1 GW…