Bank Group vision
Between 1967 and 2007, 12% of Bank Group approvals amounting to UA 3 billion were allocated to the energy sector, with about 90% of this amount going to power supply. At the national level, support was provided to electrification programmes in countries such as Benin, Burkina, Cameroon, Ethiopia, Guinea, Mali, Mozambique, Senegal and Tunisia.
Rural electrification has been the dominant objective under the ADF window, followed by multi-national grid interconnections and renewable energy development. In collaboration with the World Bank, the AfDB has also supported energy sector reforms in a number of countries, including Senegal.
Under the ADB window, large-scale power generation projects have tended to dominate, followed by modern fuels (refined petroleum products and gas) and power transmission and distribution, in that order.
African countries' energy development strategy geared to the goal of access-for-all should be anchored on three pillars:
- maximize clean energy options
- emphasize energy efficiency
- participate more effectively in international carbon credit markets.
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23/12/2011 - AfDB and other lenders boost access to electricity in Cameroon
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16/12/2011 - ADF geothermal project to boost affordable, clean energy supply in Kenya
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09/12/2011 - African Development Bank discusses its energy strategy for Africa at COP 17
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09/12/2011 - AfDB lends €28.1 million to support access to reliable energy in Kenya
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07/12/2011 - Africa must calm investor unease over backing costly low carbon projects
