Switzerland and Spain donate $5mn each to support environmentally friendly and climate-resilient urbanization in Africa. African…
Tag: AfDB
AfDB Plans $1.5bn Green Facility To Meet Demand In Africa
AFDB to set up a $1.5 billion green finance facility. The fund aims to encourage investment…
SEforALL, Others to Develop New Establishment for Africa’s Electrification
A new collaboration was established for Africa’s renewable energy financial innovation. The establishment will support innovative…
AfDB Predicts Hike in Food and Energy Prices
AfDB President Dr Akinwumi Adesina predicts a hike in food and energy prices. 90% of Russia’s…
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…
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…
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…