AfDB is providing equity investment for African start-ups. The Board of Directors of the African Development…
Search Results for: African Development Bank
Sierra Leone: Firm Acquires $5m Credit Line for Solar Kits
Renewable energy developer secures local currency credit facility. Energy Inclusion Facility’s Off-Grid Energy Access Fund provided…
AfDB Provides $5.5m for Desert to Power Project
The African Development Bank (AfDB) aims to accelerate socio-economic development through solar deployment. The initiative will…
AfDB Proffers Local Currency Credit to Nigeria’s Clean Energy Developers
AfDB addresses financial issues for renewable energy Anita Otubu, NEP Chief Project Manager, says the government…
South Africa Finalises Energy Storage Projects
Eskom is close to finalising over 800MWh of battery energy storage projects. AfDB backs the project…
Women Expanding Energy Access in Nigeria
As countries worldwide transition to clean and sustainable energy solutions, the lack of energy access…
Okra Solar Receives OBF Subsidy Approval by REA
REA approves Okra Solar’s mesh-grid technology for OBF subsidy. The approval comes under the $550m intervention…
West Africa to Lead Regional Electricity Market with $568M Power Line
West Africa is set to jump-start regional market trading. The region has launched a 330KW interconnection…
AfDB Approves $164m for Off-grid Energy Access in Nigeria, Others
AfDB approves $164m for off-grid energy access in Africa. The funds are part of the bank’s…
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…