News & Events
20/07/2012 - The Board of Directors of the African Development Bank (AfDB) Group, through its private sector window, approved on 18 July 2012 in Tunis, a senior loan of €57.5 million to the Coder Hydropower Project for the design, construction and operation of two run-of-river hydro projects in Ngounie Province and North Gabon. The project consists of two run-of-river hydroelectric power plants, a 70 MW plant in the Ngounie Province and a 52MW plant in north Gabon.
Categories: Gabon, Energy & Power
18/07/2012 - The African Development Bank (AfDB) and the World Bank Group (WBG) held a joint workshop to review the status of projects under the Clean Technology Fund (CTF) MENA CSP Investment Plan, of which they are both implementing agencies.
Categories: Climate Change, Environment, Energy & Power
17/07/2012 - Southern Region B Director, Chiji Ojukwu, was on a dialogue mission to Zambia from 9 to 14 July 2012 where, along with the Vice President and Chief Economist, Mthuli Ncube, he was on the panel of the High Level Policy Seminar Dialogue on Youth Employment in Africa held in Lusaka on 9 July.
Categories: Zambia, Energy & Power
19/06/2012 - The Board of Directors of the African Development Bank (AfDB) has approved a USD 35-million senior loan and a USD 3 million standby facility to Itezhi-Tezhi Power Corporation (ITPC) and a concessional loan of USD 18 million to the government as Zambia Electricity Supply Company (ZESCO)’s share of the equity to develop the Itezhi-Tezhi hydropower plant project that will provide reliable, low-cost power and sustainable energy to the country.
Categories: Zambia, Private Sector Development, Energy & Power
15/06/2012 - To increase energy security, strengthen regional integration and promote industrial growth and diversification, Algeria, Egypt, Jordan, Morocco and Tunisia have joined together to expedite the deployment of concentrated solar power (CSP) and exploit the region's vast solar energy resources.
Categories: Tunisia, Morocco, Egypt, Algeria, Japan, Climate Change, Energy & Power, Environment, Climate Investment Funds (CIF)
16/05/2012 - The Boards of Directors of the African Development Bank Group today in Tunis approved the equivalent of USD 436 million for the financing of Morocco’s power project, and two other investments in Africa. The first approval is an AfDB loan of Euro 168 million and USD 100 million Clean Technology Fund concessionary loan to finance the first phase of the Ouarzazate solar power station in Morocco.
Categories: Morocco, Energy & Power, Climate Change, Climate Investment Funds (CIF), Environment
10/05/2012 - As Mali strives to become an emerging economy, it is focusing on energy sector reforms to support growth and improve quality of life. Renewable energy holds significant potential for scaling up across the country and promises to decrease dependence on fossil fuel imports and reduce forest degradation caused by increasing energy demands.
Categories: Mali, Climate Investment Funds (CIF), Energy & Power, Climate Change, Environment
03/05/2012 - Egypt was once an exporter of oil and gas, but now it is struggling to meet its own energy needs. The growth in energy consumption is a response to the country’s economic expansion, industrialization, and change in the people’s lifestyle.
Categories: Egypt, Energy & Power, Climate Change, Environment
24/04/2012 - In the last decade, Egypt has achieved significant annual economic growth. But at a cost. Rapid economic growth, together with an increase in population and a move to the cities, has increased the demand for energy, particularly electricity.
Categories: Egypt, Energy & Power
23/04/2012 - Teams from Ethiopia, Kenya, Liberia, Mali, and Tanzania joined counterparts from around the world at the annual pilot countries meeting for the Scaling Up Renewable Energy Program in Low Income Countries (SREP) in Nairobi, Kenya from 5 to 7 March 2012. Held annually to provide a space for pilot countries to discuss experiences, lessons learned and best practices in developing and activating SREP investment plans, the meeting this year offered African nations the opportunity to showcase their progress in advancing initiatives in renewable energy.
Categories: Kenya, Ethiopia, Tanzania, Liberia, Mali, Climate Change, Climate Investment Funds (CIF), Energy & Power, Environment
