The European Bank for Reconstruction and Development (EBRD) has secured a $275 million syndicated loan to support the construction of Africa’s largest wind farm, a 1.1-gigawatt…
Browsing: African Development Bank
The Norwegian Agency for Development Cooperation (NORAD) has opened a call for proposals under Norway’s new state guarantee scheme, aimed at accelerating renewable energy projects in…
The African Development Bank Group (AfDB) has approved an USD 8 million (EUR 7.4 million) concessional loan to support the construction of a 25-MW solar project…
Liberia has commenced construction on its first utility-scale solar facility, a 20-MW plant located in Harrisburg, Montserrado County. This project marks a significant step in the…
French independent power producer (IPP) Qair has successfully obtained a concessional financing package to advance an 18-megawatt (MW) solar project in Dedougou, Burkina Faso. The African…
French sustainable investment manager Mirova announced that its Mirova Gigaton Fund has committed USD 20 million (EUR 18.5m) in long-term debt financing to Ghana-based commercial and…
Africa stands at the threshold of a transformative clean energy transition, with its abundant water resources poised to drive sustainable development and economic growth. However, with…
A transformative partnership between the World Bank Group and the African Development Bank (AfDB) aims to provide electricity access to at least 300 million Africans by…
The government of Cape Verde has entered into a contract with Cabeolica, a domestic partly state-owned wind power operator, to support the expansion of its wind…
The African Development Bank (ADB) has greenlit a $1 billion guarantee to support South Africa’s ambitious energy transition, backed by the UK Foreign, Commonwealth and Development…
In a significant move to bolster South Africa’s pursuit of long-term energy security and its transition to a low-carbon economy, the World Bank Board has approved…
the Agence Française de Développement (AFD) and the European Union (EU) have inked a contract to jointly finance the construction of the Kakono hydropower plant in…