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,…
The Board of Directors of the African Development Bank Group have approved a $66.39 million support package for Guinea, intended to help it increase access to electricity.
World leaders are tasking Kenyan President Uhuru Kenyatta to lead Africa's efforts to combat climate change under the African Adaptation Acceleration Programme (AAP). Launched on 25 January 2022 by…
UN Climate Change News, 1 August 2022 – Registration is now open for this year’s Africa Climate Week (ACW 2022), to be held from 29 August to 2 September in Libreville, Gabon.
The African Development Bank (AfDB) is approving US$ 66.39 million in funding for electricity access in Guinea. The project for which the Guinean transitional government is obtaining funding aims to…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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