08/02/2019 - The Climate Investment Funds’ “The Power of 10: Shaping the Future of Climate Action” event took place on 28-29 January, 2019 in Ouarzazate, Morocco at the Noor concentrated solar power complex, the largest plant of its type in the world, providing renewable energy to more than 2 million households. The summit convened over 300 climate leaders from the public and private sectors for action-oriented dialogue on fighting climate change.
05/02/2019 - Zambia’s constant power cuts are now a thing of the past. Thanks to a robust hydraulic and solar power generation industry in recent years, the country is now self-sufficient in energy. And, there is even better news for citizens of the South African nation- electricity production could soon be in surplus.
01/02/2019 - The Board of Directors of the African Development Bank Group has approved the recommendations of the Independent Review Mechanism to bring the Sendou coal-fired power plant project in Senegal into compliance with Bank policies and procedures. The compliance review report was approved with a mitigation action plan prepared by the Bank’s management.
22/01/2019 - The Board of Directors of the African Development Bank Group has approved an equity investment of up to US$ 25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy projects across Sub-Saharan Africa.
27/12/2018 - In Africa, as elsewhere, urbanized locations exert pressure on already vulnerable populations impacted by lack of access to potable water supply, sanitation and waste management, energy supply, transport infrastructure and services.
05/12/2018 - On Tuesday, the second day of the UN climate change conference (COP24) the African Development Bank held a session on energy efficiency in Africa in its Pavilion, where panellists reflected on the lessons of the many energy-efficiency initiatives that have emerged in Africa.
05/12/2018 - Africa has access to a unique wealth of primary renewable energy supplies. It has enough solar, wind and hydro resources to power up the whole continent and to increase the economic development of all its countries. Unfortunately, those valuable resources have not been used well over the last decade. In 2017 it was estimated that two-thirds of Africa’s vast population (about 600 million people) currently have no access to energy, and only seven countries on the African continent have electricity access rates over 50%.
10/10/2018 - Kenya has taken less than a decade to make giant strides in its energy sector. Key to this are two iconic renewable energy projects that have benefited from the decisive support of the African Development Bank: Turkana Wind Farm and Menengai Geothermal Power Station.
02/08/2018 - Nestled on the steep slopes of the northernmost part of Morocco facing Spain, is the Melloussa interconnection station, which provides 15% of Morocco’s electricity production.
The plant, located close to Tangier, connects to Spain, through a 27-kilometre undersea cable, has transformed the country’s national power supply.
27/06/2018 - Africa investor (Ai), the international investment and communications group, and Africa50, the pan-African infrastructure investment platform, co-hosted the fourth Ai CEO Infrastructure Project Developers Summit on June 18 in Mauritius.