09-Oct-2015
African Development Bank to triple Annual Climate Financing to nearly $5 billion by 2020
The President of the African Development Bank (AfDB), Akinwumi Adesina, announced on Friday, October 9 that the AfDB would nearly triple its annual climate financing to reach $5 billion a year by 2020. AfDB’s climate spending will increase to 40% of its total new investments by 2020.
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The World Bank and International Monetary Fund Annual and Spring Meetings bring each year together central bankers, ministers of finance, Heads of DFIs and private sector stakeholders to discuss current issues that are of relevance to the world economy, financial stability, and economic development...
Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé le 7 octobre 2015, le projet d’appui à la production vivrière et de renforcement de la résilience (PAPVIRE-ABC) au Bénin qui couvre les départements de l’Alibori, du Borgou et des Collines, trois circonscriptions...
The African Development Bank presented the Bank’s procurement framework and several Bank projects at the MDB Global Development Fund Project Plaza in Seoul, Korea, on September 22-24, 2015. Information and updates on the Bank’s ongoing review of its procurement policy, business opportunities, and...
30-Sep-2015
SEFA grants US $1 million to develop a transformative hydropower project in Guinea-Bissau
The Sustainable Energy Fund for Africa (SEFA) approved on September 16 on the sidelines of the African Development Bank’s (AfDB) Energy Week a US $965,000 grant to support the preparation of turnkey run-of-river hydropower plant with an estimated electric capacity of 20 MW at Saltinho, Guinea-...
.more_iteration {display: none;} Context The Lake Turkana wind power project involves the development and construction of a 300 MW wind farm. The project is located at a remote location, approximately 12 kilometres east of Lake Turkana in northwestern Kenya. The project area falls within...
The African Development Bank (AfDB) is hosting and co-organizing Energy Week, a series of events, including high-level discussions and partnerships focusing on lighting up and powering Africa, and unlocking the continent’s huge energy potential. Energy Week runs from Monday,...
14-Sep-2015
South African wind energy farm lights up over 120,000 homes while saving carbon emissions: AfDB/CIF-funded
.more_iteration {display: none;} Context Situation In recent years, the South African electricity sector, once operationally efficient, ran into major capacity constraints. As a result, power rationing and other measures instituted to prevent the electricity system from collapsing...
The African Development Bank (AfDB), the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE), the Climate Technology Initiative - Private Financing Advisory Network (CTI-PFAN), the United Nations Industrial Development Organization (UNIDO), and the Deutsche Gesellschaft für...