March 28, 2024
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Organization profile of African Development Bank
NEWS - ARCHIVES
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Côte d'Ivoire: Singrobo-Ahouaty, West Africa's first private sector-financed hydropower plant to supply electricity to 100,000 households and reduce greenhouse gas emissions
May 4, 2023
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$1 million: Sustainable Energy Fund for Africa grant to drive electric mobility shift in seven African countries
February 1, 2023
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Ethiopia: Sustainable Energy Fund for Africa provides $10 million grant to support Tulu Moye Geothermal Resource Development
December 13, 2022
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Mozambique: African Development Bank approves €125 million loan for hydroelectric power producer to modernize production system
December 13, 2022
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African Development Bank, MASEN and RES4africa to join forces on a Sahel-focused training programme in 2022 within the framework of the Desert to Power Initiative
May 27, 2022
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Desert to Power G5 Sahel Financing Facility receives $150 million from Green Climate Fund
The initiative is expected to lead to substantial CO2 emission reductions - projected at over 14.4 million tCO2equ
October 12, 2021
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African Development Bank's SEFA grant to support first Super Energy Service Company (ESCO) in East Africa
The Super ESCO, to be run by the Kenya Power and Lighting Company, will develop and implement energy efficiency projects for both the public and private sectors
September 20, 2021
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African Development Bank's SEFA provides $1 million to kick off modernization of Africa's Hydropower Fleet
September 17, 2021
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Africa's recovery pathway offers enormous opportunities, African Development Bank head says at EU-Africa Green Investment Forum
April 26, 2021
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Green banks and national climate funds have a key role in mobilizing funds for low-carbon, climate-resilient development in Africa: report
March 24, 2021
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Canada and African Development Bank sign CAD 133 million gender lens Climate Fund for Africa
The Bank has committed to providing $25 billion in climate financing by 2025
March 24, 2021
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Egypt: the African Development Bank approves a loan of over $27 million to establish Kom Ombo solar power plant
The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse gas emissions and creating construction and other jobs
March 4, 2021
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Sahel Group of Five: African Development Bank approves program to expand solar energy generation under Desert-to-Power scheme
The Desert to Power initiative intends to turn the Sahel region into a renewable powerhouse, harnessing its solar potential to create the world's largest solar zone
January 4, 2021
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Local Currency Financing for Off-Grid Energy Solutions in Africa Limited, Needs Scaling Up - African Development Bank Report
Companies that invest in off-grid renewable energy solutions in Africa grapple with limited access to credit as a result of risk profiling
December 4, 2020
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Tanzania: African Development Bank approves $120 million loan to build Malagarasi Hydropower Project
The hydropower plant's expected average annual output of 181 GWh will meet the electricity needs of as many as 133,649 Kigoma households
November 27, 2020
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Infrastructure Fund Africa50 helps Egypt's Solar Power Sector take off
Africa50 is an independent infrastructure fund, focused on high-impact projects mostly in the energy and transport sectors
June 19, 2020
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Madagascar: Government of Madagascar gets Euro 4 million from African Development Fund for Sahofika hydropower project
The Sahofika project is located on the Onive River, 100 km southeast of the capital Antananarivo
May 25, 2020
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African Development Bank's Sustainable Energy Fund for Africa (SEFA) grants $760,000 to develop small-scale renewable energy projects across Sub Saharan Africa
April 28, 2020
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African Development Fund approves close to $35 million to the Government of Liberia for renewable energy
February 5, 2020
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African Development Bank approves 8 million technical assistance grant to support preparation of Ruzizi IV Hydro Power Project in the Great Lakes region
January 14, 2020
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