07-Mar-2018
The African Development Bank obtains US$ 52.5 million Green Climate Fund for Zambia Renewable Energy
At its 19th Board Meeting in Songdo, South Korea, the Board of the Green Climate Fund (GCF) has approved the first funding proposal of the African Development Bank for Zambia’s Renewable Energy Financing Framework. The GCF will provide a US$ 50 million loan and a US$ 2.5 million...
The Project to be financed includes a modular geothermal power plant, consisting of one singleflash condensing steam turbine, generating approximately 35MW net (37.7MW gross) of power located in the Menengai Geothermal field in Nakuru County, Kenya, approximately 180 km to the north-west of Nairobi...
The Pan African Solar Power Project (Katsina PV project) is a solar PV power plant developed by JCM Capital along with local partner in Nigeria, Pan Africa Solar Limited (PAS). The power plant is to be located in Kankia, which is about 60 km from the capital city of Katsina in Katsina State,...
In line with its High 5 development priorities and, in particular, its agenda to Light up and power Africa, the African Development Bank plans to reach 29.3 million people in Africa with electricity by 2020. The President of the Bank, Akinwumi Adesina, made this disclosure at the...
Egypt’s government has made important progress in improving governance and maintaining the structural reform agenda under the three-year International Monetary Fund program. Reflecting a challenging fiscal year, GDP grew by 4.1% in FY2016/17, compared to 4.3% in FY2015/16. Starting from FY2017/18,...
22-Jan-2018
PPM – Egypt - Feasibility Study for the Use of Renewable Energy for Pumping Irrigation Water
PPM – Egypt - Feasibility Study for the Use of Renewable Energy for Pumping Irrigation Water
55 localités situées en milieu rural sont ciblées par le projet d’énergies renouvelables
400 emplois devraient être créés
L’année 2018 commence sous de bons auspices pour les populations rurales du Mali : près de 12 500 nouveaux abonnés vivant en milieu rural seront...
On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (“FEI OGEF”). This follows the approval of additional investments of US $10 million from Calvert Impact Capital (CIC), US $8...
The 225 kV Guinea-Mali Electricity Interconnection Project identified in 2011 during an AfDB project supervision mission to Guinea, involves the construction of a double-circuit transmission line over 714 km and associated transformer substations between the town of N'zérékoré in Guinea and...