21/08/2014 - The Sustainable Energy Fund for Africa (SEFA) approved a US $950,000 grant for the development of the WINDIGA 20 MW Solar PV power plant in Burkina Faso. The SEFA project preparation grant will support outstanding advisory activities required for financial close, including support for the structuring of the Power Purchase Agreement (PPA) for a period of 25 years with SONABEL, the national public utility.
21/08/2014 - The African Water Facility (AWF) offered on August 20, 2014 a €1.3 million grant to the Water Research Commission of the Republic of South Africa to improve water delivery services, an initiative that will be supported and driven by the beneficiary communities of Limpopo province. Over 20,000 people are expected to get improved access to water for domestic and agriculture purposes, among others.
19/08/2014 - The African Development Bank Group (AfDB) on Monday, August 18 in Abidjan, approved a US $60 million grant investment for immediate implementation to help strengthen West Africa’s public health systems in response to the Ebola crisis.
13/08/2014 - The Sustainable Energy Fund for Africa (SEFA) approved on 11th of August in Tunis a US$530,000 grant to Mali as co-funding for a project to promote renewable energy in the country (PAPERM project). The overall objective of the grant is to strengthen the enabling environment for catalyzing renewable energy investments from the private sector.
31/07/2014 - The African Water Facility has offered a €1.2 million grant to the Kisumu Water and Sewage Company (KIWASCO) to support an innovative project that will provide sanitation services for residents in the Manyatta settlement in Kisumu, Kenya, while creating business through the sale of fertilizers, biogas and energy as by-product of sanitation collection.
07/07/2014 - The Board of Directors of the African Development Bank (AfDB) Group approved on June 26 a 7-year, non-sovereign guarantee, USD 75 million corporate loan to the Entreprise Tunisienne d’Activités Pétrolières (ETAP), the Tunisian state-owned oil and gas exploration and production company, to finance part of the South Tunisian Gas Project (STGP)/ Nawara project.
30/06/2014 - The Board of the African Development Bank (AfDB) approved on June 27th the creation and management of a pilot Africa Climate Technology Finance Center and Network (ACTFCN) for a three-year period to support the deployment and scaling-up of both climate change mitigation and adaptation technologies.
Categories: Climate Change, Energy & Power, Environment, Private Sector, Information & Communication Technology, Water Supply & Sanitation, Agriculture & Agro-industries, Global Environment Facility (GEF), Sustainable Energy for All (SE4ALL), Sustainable Energy Fund for Africa
26/06/2014 - The Board of Directors of the African Development Bank (AfDB) has approved a Framework Technical Cooperation Agreement (FTCA) between the AfDB and the Government of the United Kingdom. Under this agreement, the United Kingdom will donate two million GBP (US$ 3.35 million) in untied funds to AfDB over a five-year period. This donation will cover all cooperation activities of a technical assistance nature between the two partners.
25/06/2014 - The Board of Directors of the African Development Bank (AfDB) approved on 25 June, 2014 a US$ 116.7 million loan to the Mauritius Central Electricity Board (CEB), the state owned electricity utility, for the redevelopment of the Saint Louis Power Plant. The Saint Louis Power Plant Redevelopment Project, which has a total cost of US$ 129.7 million, aims to increase the firm generating capacity of the CEB so as to maintain reliability of supply, reduce environmental impacts and stabilize the electricity supply.
25/06/2014 - On 23 June 2014, The Board of Directors of the African Development Bank (AfDB) approved a senior loan of USD 142 million, including a USD 41.5 million concessional financing from the Clean Technology Fund (CTF), to finance the construction of the 100 MW concentrated solar power (CSP) plant XiNa in South Africa. The XiNa Solar One project is the first renewable energy Independent Power Producer (IPP) and the first private sector Clean Technology Fund (CTF) that the AfDB has financed in South Africa.