South Sudan is set to receive a significant boost to its national power grid after securing…
Tag: African Development Bank
South Sudan, AfDB to Launch 5-Year Power Plant Project
The government of South Sudan, with support from the African Development Bank and the European Union,…
World Bank and AfDB Commit $48 Billion to Close Africa’s Energy Gap
The World Bank Group and the African Development Bank (AfDB) have pledged a combined donation of…
South Sudan–Uganda Power Transmission Network Cost Shoots Up to $260M
The African Development Bank has released a more detailed report of the funding needs for the…
Tanzania Commits to Universal Electricity Access in Africa by 2030
Deputy Prime Minister and Minister for Energy for Tanzania, Dr Doto Biteko, has assured that Tanzania…
Africa Needs $21.3 Billion by 2030 for Electricity Access, Says Industry Report
Most African countries, especially Nigeria and other low-income nations, will require approximately $21.3 billion in investments…
Mission 300 Initiative Launches to Electrify 300 Million Africans by 2030
A major initiative to bring electricity to 300 million Africans by 2030 has commenced, backed by…
Kenya Grant Adani Group and ADB Contract to Build Power Lines
According to an economic advisor to the country’s president, Kenya has awarded a public-private partnership concession…
AfDB Approves $500 Million Loan to Transform Nigeria’s Energy Sector
The African Development Bank Group has recently approved a substantial $500 million loan aimed at bolstering…
AfDB Offers Morocco $260 Million in Loans for Port Project
The African Development Bank (AfDB) has said it offered Morocco two loans, each worth 120 million…