News & Events
02/09/2015 - The Sustainable Energy Fund for Africa (SEFA) was awarded “Power Transaction of the Year” by the East African Power Industry for its role in financing the development of an independent solar hybrid mini-grid project in rural Tanzania. The prize was received at the awards gala on August 27 during its annual convention which gathered about 1,200 industry leaders and professionals in Nairobi, Kenya.
19/06/2015 - As part of the African Development Bank’s ongoing efforts at improving data quality, management and dissemination support to statistical development in Africa, the AfDB took part in a joint workshop on public sector debt statistics, with the World Bank and the IMF East AFRITAC (AFE) in Zanzibar during June 8-19, 2015 with 30 officials from seven East African countries.
18/06/2015 - The African Development Bank, in partnership with the Climate Investment Funds (CIF) and the Government of Tanzania, on Thursday, June 18 launched the Renewable Energy in Africa: Tanzania Country Profile. The publication highlights the country’s inroads in renewable energy as well as opportunities for scaling-up the energy sector.
29/05/2015 - Power sector reform and a governance support programme are central to the African Development’s actions to accompany Tanzania’s economic growth. It is in line with this, that the Permanent Secretary in the Ministry of Finance of the United Republic of Tanzania, Servacius Likwelile and the African Development Bank’s Vice-President, in charge of Agriculture, Water, Human Development, Governance and Natural Resources, Aly Abou-Sabaa signed a USD 70.5 million loan accord on May 27 in Abidjan.
21/05/2015 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, May 20, 2015, a loan of US $70.5 million to finance the Tanzania Power Sector Reform and Governance Support Programme (PSRGSP). The objective of the operation is to promote inclusive growth and enhanced economic competitiveness through power sector, economic and financial governance reforms. The loan agreement will be signed next week, on the margins of the Bank’s Annual Meetings in Abidjan.
18/02/2015 - The Board of Directors of the African Development Bank Group (AfDB) approved on Wednesday, February 18 in Abidjan an African Development Fund (ADF) Loan of US $144.9 million, to the Kenya–Tanzania Power Interconnection Project.
13/01/2015 - The Sustainable Energy Fund for Africa (SEFA) approved at the end of 2014 a USD 420,000 preparation grant to Jumeme - Rural Power Supply Ltd (JRPS) to support the development of a portfolio of independent solar-hybrid mini-grids in rural growth centres in Tanzania. JRPS is a local joint venture comprised of three partners: INENSUS Gmbh, with more than five years’ experience in mini-grid development and operation; TerraProjects, a renewable energy project developer; and St. Augustine University of Tanzania in Mwanza.
06/11/2014 - US Treasury Secretary Jacob Lew recently paid a visit to the Sokoine electricity supply sub-station in the Ilala District of Dar es Salaam, Tanzania. The expansion of the substation and the construction of at least one of its control rooms are among the many activities scheduled under the African Development Bank (AfDB)-financed Electricity V project in Tanzania. Electricity V will be implemented in Arusha, Dar es Salaam, Mwanza, and in the Shinyanga region of the country.
17/10/2014 - The Board of Directors of the African Development Bank Group on Wednesday, October 15 in Abidjan approved a US $40-million 10-year Line of Credit (LoC) for a pipeline of projects covering various economic sectors (agro/food, infrastructure, manufacturing, education sectors) in the East African Community (EAC) countries of Kenya, Rwanda, Tanzania and Uganda. The projects aim to promote economic growth.
- From: 29/10/2014
- To: 31/10/2014
- Location: Arusha, Tanzania
The African Development Bank is co-sponsoring and is actively involved in the upcoming 5th African Rift Geothermal (ARGeo) Conference in Arusha, Tanzania. The conference seeks to further regional cooperation in the development and utilization of geothermal resources.