Press Releases

Search filters

21/06/2018 - In keeping with its focus on energy security and development, the ALSF alongside the African Development Bank attended the 20th Africa Energy Forum (AEF), taking place from 19-22 June in La Morne, Mauritius.

Categories: African Legal Support Facility

21/06/2018 - With the support and technical guidance of the African Legal Support Facility (ALSF), and in the context of the Africa Energy Forum held in Mauritius, Seychelles Minister of Environment, Energy and Climate Change. Wallace Cosgrow, announced the launch of the tender of the right to develop, finance, own and operate a 4MW floating grid-connected solar PV plant in le Rocher Lagoon, Mahé.

Categories: African Legal Support Facility

20/06/2018 - Though the majority of African countries have developed relatively robust institutional frameworks for the regulation of their electricity sectors, much work remains in strengthening regulatory independence, says the Electricity Regulatory Index for Africa (ERI) – a crucial new report by the African Development Bank.

Categories: Mauritius, Energy & Power

19/06/2018 - To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National Agriculture Investment Plan.

Categories: Sudan, Fund for African Private Sector Assistance

19/06/2018 - Africa’s infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water and Energy, that are considered as drivers for growth, regional integration and industrialization.

15/06/2018 - In very remote rural areas of some African countries, access to electricity for low-income people is still through traditional and outdated systems such as battery-powered flashlights or oil lamps that pollute and are extremely harmful to health.

Categories: Côte d’Ivoire, Energy & Power, Private Sector

13/06/2018 - In an effort to boost agri-business and enhance food security in Africa, the African Development Bank Board has approved a US$15 million equity investment in Africa Food Security Fund (AFSF), to support enterprises in agri-business SMEs and enhance food security in Africa

Categories: Agriculture & Agro-industries, Partnerships

13/06/2018 - Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of US$ 35.2 billion in 2017, up 28 per cent on the previous year.

Categories: Climate Change, Environment, Climate Investment Funds (CIF), Global Environment Facility (GEF), Green Climate Fund

08/06/2018 - To strengthen the capital base of local financial institutions and stimulate Africa’s corporate bond market, the African Development Bank has approved a US $10-million investment through its private-sector window in the Africa Financial Sector Deepening Fund being managed by Adventis Ltd as the fund manager.

08/06/2018 - The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean Technology Fund (CTF) to Quantum Power East Africa GT Menengai Ltd.

Categories: Kenya, Private Sector, Energy & Power