The African Development Bank (AfDB) has signed a $289.5 million deal with Mauritania’s economy ministry. The…
Tag: AfDB
UK Backs $239M AfDB Loans for Climate Finance Program
The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
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…
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…
South Africa Signs Deal with World Bank, AfDB, KfW for Energy Transition
South Africa has signed major loan agreements with the World Bank, Germany’s Kreditanstalt für Wiederaufbau (KfW),…
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…
ETO, AfDB Partner to Address Power Sector Issues
The Energy Transition Office (ETO) has announced a proposed partnership with the African Development Bank (AfDB)…
AfDB to Disburse $250 Million for Electrification Project
The African Development Bank (AfDB) has pledged to disburse a previously approved $250 million fund for…