News & Events
23/05/2013 - For the African Development Bank’s Energy, Environment and Climate Change Department, transforming Africa means powering a climate-smart and greener continent. It entails supporting transformative infrastructure projects to increase energy access backed by both large-scale and off-grid solutions, promoting sustainable use of natural resources, supporting climate-resilience with concessional climate and environmental finance, and ensuring that all projects comply with international and social best practices.
23/05/2013 - The African Development Bank and the Government of Malawi (GoM) signed two grants amounting to UA 6 million (about US $9 million) on May 23, for budgetary support and a Hydroelectric Power Plant Feasibility Study. The US $6 million additional Crisis Response Budgetary Support follows the initial US $39 million provided in July 2012 to support Malawi’s reforms aimed at restoring macroeconomic stability and enhancing public finance management, as well as support social protection measures.
20/05/2013 - En juillet 2012, la BAD a alloué, sous la forme d’un prêt, une enveloppe de 105 millions d’euros au Programme d’appui au Plan Maroc Vert (PAPMV).
20/05/2013 - The Electricity Authority of Benin–Nigerian Electric Power Authority power interconnection project, jointly financed by the African Development Bank, the West African Development Bank, and the Economic Community of West African States, is one of the sparkling flagship projects for regional integration and cooperation in West Africa. Financed under the West Africa Power Pool program, the project connects Benin’s power grid (CEB) to that of Nigeria (NEPA). Since its completion in 2007, like a beacon, the project has broken dawn, lighting up vast areas of rural communities that were once in economic darkness.
13/05/2013 - Le lancement officiel de la première phase des travaux de la centrale solaire de Ouarzazate a eu lieu vendredi 10 mai 2013, dans la commune rurale de Ghessate (province de Ouarzazate). La cérémonie s’est déroulée en présence du roi Mohamed VI, et des représentants de la direction de l'Agence créée par le Maroc pour le développement de l'énergie solaire (dite MASEN, pour “Moroccan Agency for Solar Energy” en anglais), ainsi que du Groupe de la Banque africaine de développement (BAD).
07/05/2013 - The African Development Bank today launched the 1,068-kilometre high-voltage electricity highway to be built between Kenya and Ethiopia.
03/05/2013 - During a working visit to the African Development Bank (AfDB) in Tunis on 3rd May 2013 , Nizar Baraka, Moroccan Minister of Finance, and Chairman of the AfDB Board of Governors, welcomed the support of the Bank to his country’s quest for green growth. In his words, the AfDB is the country’s leading partner. «The Institution works hand in hand with us and is the driving force of our economy towards green growth,» he said.
29/04/2013 - The economic transformation of the African continent is the cornerstone of the African Development Bank Group’s new Ten-Year (2013-2022) Strategy. The Strategy, which has been approved by the Executive Directors of the Bank, emphasizes the quality and sustainability of growth.
Categories: Agriculture & Agro-industries, Climate Change, Economic & Financial Governance, Education, Energy & Power, Environment, Gender, Health, Human Capital Development, Information & Communication Technology, Infrastructure, Private Sector Development, Transport, Water Supply & Sanitation
26/04/2013 - The Board of Directors of the African Development Bank (AfDB) approved €115 million in financing for a wind power project in Kenya’s Lake Turkana region. The project will add 300MW to power generation capacity and will benefit Kenya by providing clean and affordable energy that will reduce the overall energy cost to end consumers. Furthermore, the project will allow the landlocked Great Rift Valley region to be connected to the rest of the country through the improved infrastructure linked to the wind farm, including a road, fiber-optic cable and electrification.
05/04/2013 - On March 19, the African Development Bank (AfDB) and World Bank convened a workshop with representatives of Algeria, Egypt, Jordan, Libya, Morocco, and Tunisia in Rabat, Morocco to review and upgrade the region’s path-breaking regional Investment Plan for Concentrated Solar Power (CSP), with funding from the Climate Investment Funds (CIF).