World Bank and AfDB Set Terms for $40 Billion to Tackle Africa’s Electricity Crisis

The World Bank and the African Development Bank (AfDB) have outlined the conditions African nations must…

AfDB to Host Africa Energy Summit to Advance Mission 300 Goals

The African Development Bank Group (AfDB), the World Bank Group, the African Union (AU), and the…

Nigeria Plans to Electrify Over 3,700 Healthcare Centres with Renewable Energy Support

Nigeria is set to electrify 3,700 out of its 46,100 primary healthcare centres as part of…

AfDB Invests $170M in Egypt’s Suez Wind Power

The African Development Bank (AfDB) has granted $170 million to fund Egypt’s Suez Wind Energy project.…

Nigeria Launches $250 Million Energy Initiative for Universities

The Federal Government of Nigeria, in collaboration with the World Bank and the African Development Bank…

AfDB Invests $10 Million in African Climate Fund.

The African Development Bank Group (AfDB) approved a $10 million junior equity investment in the KawiSafi…

UNDP, AfDB Launch Africa Sustainable Development Report 2024

The United Nations Development Programme (UNDP), the United Nations Economic Commission for Africa (ECA), and the…

AfDB Grants $1 Billion Loan to Transnet

The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan…

InfraCredit Secures $15 Million AfDB Loan

InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…

The Akinwumi Adesina June 12 Interview on BBC’s HardTalk, Explained

Africa is poised to undergo the most significant transformation of any continent in this century. By…