Press Releases

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).

Categories: Morocco, Energy & Power, Climate Change

13/05/2013 - The African Development Bank, renewed its support for climate change resilience in Madagascar, Benin and Angola in accessing US $17.8 million of adaptation finance in the form of grants from the Least Developed Countries Fund (LDCF) during the second quarter of 2013. It follows the approval last March of US $18.6 million for three water and sanitation projects.

Categories: Angola, Benin, Madagascar, Climate Change, Global Environment Facility (GEF)

07/05/2013 - AfDB/World Bank-supported plan to generate more than a gigawatt of power - The US $7.6 billion Climate Investment Funds (CIF) gave the go-ahead on Friday, May 3, to Algeria, Egypt, Jordan, Libya, Morocco and Tunisia to proceed with an updated version of a sweeping plan to create an unprecedented 1,120 megawatts (MW) of energy from Concentrated Solar Power (CSP) for the region. The plan will receive US $660 million from the CIF’s Clean Technology Fund (CTF) and is expected to leverage nearly US $5 billion from other donors and private financing.

Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Climate Investment Funds (CIF), Climate Change, Environment

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.

Categories: Tunisia, Morocco, Human Capital Development, Infrastructure, Economic & Financial Governance, Energy & Power, Climate Change, Structural Transformation

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.

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

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).

Categories: Algeria, Egypt, Libya, Morocco, Tunisia, Energy & Power, Infrastructure, Climate Change, Environment, Climate Investment Funds (CIF)

26/03/2013 - The Sustainable Energy Fund for Africa (SEFA) and its partners has launched a business plan competition called the West Africa Forum for Clean Energy Financing (WAFCEF/the Forum) to identify promising regional entrepreneurs and unlock renewable energy and energy efficiency investments in West Africa. Sponsors of the initiative include the US Agency for International Development’s (USAID) Regional Clean Energy Investment Initiative (RCEII), ECOWAS Regional Centre for Renewable Energy Efficiency (ECREEE) and the Climate Technology Initiative Private Financing Advisory Network (CTI PFAN).

Categories: Climate Change, Environment, Sustainable Energy Fund for Africa

25/03/2013 - On March 13-14, 2013, a wide range of stakeholders gathered in Dar-es-Salaam for a Tanzania Government-hosted workshop to consider the country’s “Geothermal Legal and Regulatory Framework”. Participants included government officials, private developers, geothermal resource survey specialists, development partners, lawyers and civil society representatives.

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

07/03/2013 - The 4th Session of the Steering Committee Meeting of the Climate for Development in Africa (ClimDev-Africa) Initiative opened in Tunis, Tunisia, on Wednesday, March 6 with a strong commitment from partners to do whatever it takes to ensure that the program contributes effectively towards the fight against climate change impacts on Africa.

Categories: Climate Change, Environment, Climate for Development in Africa (ClimDev-Africa) Initiative