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Tag: African Development Bank

Africa Adds 2 GW of Hydropower Capacity Amid Calls for Sustainable Energy Investment

Hydropower Alexander Foster -
Africa stands at the threshold of a transformative clean energy transition, with its abundant water resources poised to drive...

World Bank and AfDB Launch Initiative to Electrify 300 Million Africans by 2030

News Teri Wright -
A transformative partnership between the World Bank Group and the African Development Bank (AfDB) aims to provide electricity access...

Cape Verde Signs Deal with Cabeolica for Wind Farm Expansion and Battery Installation

Energy Storage Michael Carter -
The government of Cape Verde has entered into a contract with Cabeolica, a domestic partly state-owned wind power operator,...

African Development Bank Approves $1 Billion Guarantee for South Africa’s Energy Transition

Finance Matthew Wright -
The African Development Bank (ADB) has greenlit a $1 billion guarantee to support South Africa's ambitious energy transition, backed...

World Bank Commits $1 Billion Loan to Support South Africa’s Energy Transition

News Caesar Harrett -
In a significant move to bolster South Africa's pursuit of long-term energy security and its transition to a low-carbon...

EU and AFD Invest €146 Million in Tanzania’s 87.8 MW Kakono Hydropower Plant

Hydropower Patrick Vaughn -
the Agence Française de Développement (AFD) and the European Union (EU) have inked a contract to jointly finance the...

AMEA Power Secures Financing for 120MW Solar PV Project in Tunisia

Solar Michelle Adkins -
Renewable energy developer AMEA Power, headquartered in the UAE, has achieved a significant milestone by securing financial closure for...

Morocco’s Renewable Energy Success Inspires African Nations at AfDB Annual Meetings

News David Martinez -
Morocco's successful experience in renewable energies is garnering attention from African countries as they seek to replicate its achievements....

African Development Bank to conduct technical due diligence for four storage-connected solar projects in Mauritius

Solar Eddie Griffith -
The African Development Bank (AfDB) has issued a tender seeking consultants to conduct technical due diligence for four solar...

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Poland Pushes for Fairness in EU Hydrogen Auctions Amidst Uneven Playing Field

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Poland is advocating for adjustments to the European Union's...

Germany Passes Law to Boost Solar Power with Balcony Systems

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Germany's lower house of parliament has recently approved legislative...

FRV Launches First Hybrid Solar-Storage Project in Queensland, Australia

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Fotowatio Renewable Ventures (FRV), a player in renewable energy...

Nigeria’s REA Signs MoU for 1,265 MW Distributed Renewable Energy Initiative

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The Rural Electrification Agency (REA) of Nigeria has embarked...

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