The OPEC Fund for International Development has signed a €50 million loan agreement with the West…
Search Results for: African Development Bank
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
AfDB Approves $131m Loan for Egypt’s Green Economy
The African Development Bank (AfDB) has approved a $131 million loan to Egypt to bolster its…
Gabon’s Kinguélé Hydroelectric Project Secures €123m Funding
Gabon’s Kinguélé Aval hydroelectric project received an initial disbursement of 81 billion CFA francs (123.4 million…
Reps Probe N7tn Power Sector Fund Since Privatisation
The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…
REA to Electrify 250,000 Homes in Nigeria
The Rural Electrification Agency (REA) has announced plans to support 250,000 households with initiatives such as…
ETO, AfDB Partner to Address Power Sector Issues
The Energy Transition Office (ETO) has announced a proposed partnership with the African Development Bank (AfDB)…
Nigeria’s National Grid Suffers Instability
In Nigeria, only the Delta Power plant was generating power at noon, producing 41MW, with Afam…
AfDB to Disburse $250 Million for Electrification Project
The African Development Bank (AfDB) has pledged to disburse a previously approved $250 million fund for…
AfDB Approves $104 Million for Transmission Project in Ethopia
The Board of Directors of the African Development Bank Group (AfDB) has approved a $104 million…