News & Events

30/11/2012 - Efforts from the international community and African countries to improve access to climate finance in Africa have yielded significant results in recent year; however the current flows remain insufficient to meet Africa’s actual needs.

Categories: Qatar, Climate Change, Environment, Green Growth Initiative

22/11/2012 - Le Groupe de la Banque africaine de développement (BAD) et l'Agence marocaine de l'énergie solaire (MASEN) ont procédé, sous la présence effective du Roi Mohamed VI, le 19 novembre à Rabat, à la signature des accords de prêts et de garanties relatifs au projet de la première phase de la centrale solaire de Ouarzazate. Les accords sont d’un montant de 238,12 millions d’euros, soit un total de 2.7 milliards de dirhams. Ce financement est constitué de 168 millions d’euros provenant des ressources propres de la BAD et d’un prêt concessionnel de 100 millions de dollars du Fonds pour les technologies propres (FTP), dont la BAD est l’agence d’exécution.

Categories: Morocco, Energy & Power, Climate Change, Environment

19/11/2012 - At meetings of the Climate Investment Funds (CIF) in Istanbul, Burkina Faso and Ghana received endorsement of their far-reaching plans for sustainably managing their forest sectors as part of their goals for climate-resilient economic development. The endorsements came from the Forest Investment Program (FIP), one of the four programs of the US $7.2 billion Climate Investment Funds (CIF), with support of the African Development Bank (AfDB) and other partners including the World Bank Group.

Categories: Burkina Faso, Ghana, Turkey, Climate Change, Climate Investment Funds (CIF), Environment

24/10/2012 - In September, the Governments of Liberia and Tanzania opened their doors to officials of the Climate Investment Funds (CIF) and its implementing partners, including the AfDB, to begin exploring development of investment plans under the CIF’s Program for Scaling Up Renewable Energy in Low Income Countries (SREP).

Categories: Liberia, Tanzania, Climate Change, Energy & Power, Environment, Climate Investment Funds (CIF)

24/10/2012 - African Development Bank (AfDB) staff joined the Government of Egypt and development partners, including other Climate Investment Funds (CIF) partner development banks, at Egypt’s Zafarana and Gulf of Suez wind farms to learn from the country’s experience in managing wind energy project impact on birds and bats.

Categories: Egypt, Climate Change, Environment, Climate Investment Funds (CIF), Energy & Power

24/10/2012 - In September 2012, the Board of Directors of the African Development Bank has approved three path-breaking projects for climate resilience funded by the Climate Investment Funds (CIF) and AfDB for a total of $50.75 million.

Categories: Niger, Mozambique, Climate Change, Environment, Climate Investment Funds (CIF)

24/10/2012 - Mineral resources are a catalyst for development in sub-Saharan Africa, whose share of global gross domestic product is a minuscule two per cent, Ethiopia’s new Prime Minister, Hailemariam Desalegn, said Tuesday.

Categories: Ethiopia, Economic & Financial Governance, Environment

23/10/2012 - The 8th African Development Forum (AFD VIII) opened in Addis Ababa, Ethiopia, on Monday with a call on African countries to harness their huge natural resources for the benefit of their growing populations.

Categories: Ethiopia, Environment, Economic & Financial Governance

18/10/2012 - The African Development Bank’s “CIF in Action” is a semi-annual report on the Bank’s activities in implementing the Climate Investment Funds (CIF) in Africa.

Categories: Climate Change, Climate Investment Funds (CIF), Energy & Power, Environment