afdb

September 7, 2023
Clean energy investment across Africa has to double the current US$90 billion target by 2030 and reach nearly US$25 billion per year, according to a report by the International Energy Agency (IEA) and the African Development Bank Group (AfDB).
April 11, 2023
Eritrea has secured about US$50 million from the African Development Bank (AfDB) to construct a 30MW solar PV project, hoping to increase the reliability of electricity supply and the share of renewable energy in its energy mix.
December 9, 2019
AfDB's Sahel programme will sponsor the development of four 52MWp plants to help the energy-impoverished West African nation boost capacity by 15%.
November 21, 2019
Development finance duo sponsor US$154m scheme to support government of drought-stricken African nation as it deploys 100MW green energy pipeline with the help of feed-in tariffs.
March 28, 2019
The African Development Bank Board has approved US$20 million in loans to the Democratic Republic of Congo, to support renewable energy mini-grids of 3-10MW capacity at three cities that are currently off-grid.
December 14, 2018
Earlier this year, the African Development Bank announced plans to facilitate 10GW of solar across the barren, semi-arid Sahel region of Sub-Saharan Africa. PV Tech investigated how increasing human pressure on the land and the widespread cutting down of trees for wood and charcoal for fuel can be alleviated by solar PV technology.
August 28, 2018
Solar Para Sa Bayan to bring solar mini-grids to 200,000 Filipinos, Banks launch US$58 million Off-Grid Energy Access Fund, Power for All launches open platform to address ‘information use gap’ on energy access.
July 19, 2018
Cleantech to build 4.5MW rooftop solar project for Singaporean semiconductor manufacturer, Voltalia opens Cairo office, AfDB providing €18 million funding for Burkina Faso energy sector reform
July 12, 2018
The African Development Bank (AfDB) has approved US$50 million of framework financing for small-scale renewable energy projects in Zambia, after recent droughts caused a serious electricity supply deficit due to the country’s heavy reliance on hydropower.
July 11, 2018
A number of international initiatives have helped large-scale solar gain a foothold in Africa. The question now is how the market for this segment will develop beyond these programmes and how much capacity grids will be able to support.

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