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17 08 2022 | 17:10

AFRICA: AfDB pushes for SDRs for climate resilience

The African Development Bank (AfDB) is taking steps to strengthen climate finance in Africa. After estimating that Africa will need $1.6 trillion to cope with the effects of climate change by 2030,…

07 08 2022 | 08:32

AfDB $66m funding boost to electrify hundreds of thousands in Guinea

The Board of Directors of the African Development Bank Group have approved a $66.39 million support package for Guinea, intended to help it increase access to electricity.

07 08 2022 | 08:28

KENYA: Uhuru Kenyatta to lead climate adaptation programme

World leaders are tasking Kenyan President Uhuru Kenyatta to lead Africa's efforts to combat climate change under the African Adaptation Acceleration Programme (AAP). Launched on 25 January 2022 by…

01 08 2022 | 19:50

Registration Opens for Africa Climate Week 2022

UN Climate Change News, 1 August 2022 – Registration is now open for this year’s Africa Climate Week (ACW 2022), to be held from 29 August to 2 September in Libreville, Gabon.

28 07 2022 | 20:24

GUINEA: US$66 Million in Funding for Electricity Access in Six Cities

The African Development Bank (AfDB) is approving US$ 66.39 million in funding for electricity access in Guinea. The project for which the Guinean transitional government is obtaining funding aims to…

19 07 2022 | 12:23

TANZANIA: Faced with Water Shortages, AfDB Rescues Dodoma with $125 Million

The African Development Bank (AfDB) has signed an agreement with the Tanzanian government for a $125.2 million loan. The funding is intended to reduce water shortages in the Dodoma region of Tanzania…

19 07 2022 | 12:21

TUNISIA: Supported by the AfDB, the CRDA strengthens water supply in La Manouba

The African Development Bank (AfDB) is granting a loan of 1.830 million Tunisian dinars (over 568,000 euros) to the Tunisian government for the implementation of a project to strengthen and…

12 07 2022 | 19:49

AFRICA: At the World Urban Forum, the AfDB advocates sustainable urbanization

Faced with demographic growth that makes road traffic and access to housing difficult in Africa, the African Development Bank (AfDB) recommends that African cities drive sustainable urbanization…

05 07 2022 | 08:06

AFRICA: GCA call for applications on climate adaptation in cities

The Global Centre for Adaptation (GCA) requires the services of an Africa-based firm to carry out its Rapid Climate Risk Assessment (RCRA) project in four French-speaking African cities. The RCRA…

26 06 2022 | 08:42

AFRICA: Investors join forces for climate resilient infrastructure

Several African banks and investment firms are joining forces to finance climate-resilient infrastructure in Africa. The alliance consists of the African Development Bank (AfDB), Africa50 and the new…

23 06 2022 | 18:50

AFRICA: CrossBoundary mobilises $25m for solar mini-grid financing

The CrossBoundary Energy Access (CBEA) financing mechanism has announced the mobilisation of $25 million for the deployment of solar-powered mini-grids in sub-Saharan Africa. The funds are being…

30 06 2020 | 08:24

Egypt secures US$253M from AfDB to finance Electricity and Green Growth Support Programme.

EGYPT – Egypt has secured a US$253 million loan from the African Development Bank (AfDB) to finance Egypt’s Electricity and Green Growth Support Programme (EGGSP). The funding, according to Africa…

20 05 2020 | 13:17

AfDB Welcomes $10 Million Clean Technology Fund Investment to Diversify Ethiopia’s Energy Mix.

The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund, one of two funds within the Climate Investment Funds (CIF), to extend a $10 million…

23 03 2020 | 07:18

Renewables get a boost in Africa pledges

Funds committed for loans will back green energy projects across continent Efforts to spur the use of renewable energy in Africa have received a boost with commitments for almost $160 million in…

20 03 2020 | 07:03

FG launches $200m renewable energy project ‘to light up 500,000 households’.

The federal government has launched the $200 million Nigeria Electrification Project (NEP) to provide off-grid energy to over 500,000 people across 105,000 households in rural communities across the…

12 02 2020 | 06:56

African Development Fund approves nearly $35m to Liberia for renewable energy.

JOHANNESBURG  - The African Development Fund, an entity of the  African Development Bank Group, has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive…

14 12 2019 | 15:04

AFRICA: EIB and TDB lend $120 million to SMEs for renewable energy.

The European Investment Bank (EIB) has recently partnered with the Eastern and Southern African Trade and Development Bank (TDB) to open a USD 120 million credit line. It is intended to finance…

15 06 2019 | 09:29

Construction of Sahofika hydroelectric plant in Madagascar to begin in December.

Construction of Sahofika hydroelectric plant in Madagascar to begin in December. This is after a framework agreement was signed between the Madagascan authorities and the New Onive Hydroelectric…

17 01 2019 | 13:08

US $32.5m approved for the energy projects in Africa

US $32.5m has been approved by the African Development Bank Group (AfDB) to help in the energy projects within Africa. US $40m will help in investments in Africa while the bank investment will help…