Press Releases
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
26/03/2013 - The African Development Bank (AfDB) Group approved, on March 25, 2013, a grant amounting to US $3.04 million to finance the Kholombidzo Hydroelectric Power Plant (HPP) Feasibility Studies in Malawi. The Government of Malawi will contribute US $0.23 million (7%) of the total study cost of US $3.27 million.
Categories: Malawi, Energy & Power, Infrastructure
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)
22/03/2013 - On the African continent, current low energy access rates and limited infrastructure development call for urgent action. Recent studies estimate that 57 per cent of Africans are without electricity. In 2012, at the 18th Summit of the African Union, African Heads of State endorsed a set of priority energy projects to be implemented by 2020 as part of the Programme for Infrastructure Development for Africa (PIDA).
Categories: Water Supply & Sanitation, Programme for Infrastructure Development in Africa (PIDA), Infrastructure, Energy & Power
27/02/2013 - The African Development Bank (AfDB) has laid out solutions some African countries are about to apply, with help from the AfDB and the Climate Investment Funds (CIF), to respond to complex problems that climate change is creating on their combined sectors of water, food and energy.
Categories: Climate Change, Climate Investment Funds (CIF), Energy & Power, Water Supply & Sanitation, Food Production, Agriculture & Agro-industries
22/02/2013 - The Climate Investment Funds (CIF) has announced an agreement to provide Nigeria with US $50 million to support an African Development Bank-supported program of financial intermediation for renewable energy and energy efficiency through local banks, as part of the country’s national Investment Plan endorsed by the CIF in 2010. The money, being provided under the CIF’s Clean Technology Fund (CTF), is designated to stimulate alternative and efficient ways to generate electricity and to reduce dependence on energy sources which contribute significantly to greenhouse gas emissions.
Categories: Nigeria, Infrastructure, Energy & Power, Environment, Climate Change, Climate Investment Funds (CIF)
20/02/2013 - The African Development Bank’s Financing Change: The AfDB and CIF for a Climate-Smart Africa is the Bank’s second semi-annual report on its work to implement the Climate Investment Funds (CIF) in Africa, covering July-December 2012.
Categories: Climate Change, Environment, Climate Investment Funds (CIF), Energy & Power
06/02/2013 - The Sustainable Energy Fund for Africa (SEFA) has approved a US $1 million grant to finalize pre-investment activities for a hybrid renewable energy project in Nosy Be Island in Madagascar. The grant will be used to finance: (i) feasibility studies for a combination of hydro, wind and solar technologies; (ii) technical assistance to the national power utility; (iii) the transactions advisory for a Public Private Partnership. Through this intervention, the African Development Bank (AfDB) will play a catalytic role and pave the way for private investors and other financiers to work towards delivering a sustainable energy solution with huge socio-economic impacts on the island.
Categories: Madagascar, Energy & Power, Sustainable Energy Fund for Africa
06/02/2013 - Building on its Kenyan experience in the East African Rift Valley with the Menengai geothermal project, the African Development Bank is working on an ambitious geothermal development program for Africa.
Categories: Tanzania, Ethiopia, Djibouti, Energy & Power
05/02/2013 - La BAD a alloué en janvier dernier à l’Union des Comores un don de 2 millions d’Unités de compte, soit environ 3 millions de dollars pour appuyer les réformes dans le secteur de l’énergie et de la gouvernance financière (PARSEGF).
Categories: Comoros, Human and Social Development, Economic & Financial Governance, Energy & Power
