At the ongoing AfDB Annual Meetings 2024, taking place in Nairobi, the President of the African…
Tag: AfDB
AfDB Pledges $2bn for Clean Cooking in Africa, Urges 5% Energy Investment in the Sector
The African Development Bank Group has pledged $2 billion to enhance clean cooking in Africa over…
AfDB and World Bank Partner to Electrify 300 Million Africans
During the recent spring meetings of the World Bank and International Monetary Fund in Washington, a…
AfDB Invests $289.5M in Mauritania’s Solar Projects”
The African Development Bank (AfDB) has signed a $289.5 million deal with Mauritania’s economy ministry. The…
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),…