South Africa’s energy transition needs full financial support, says African Development Bank Group President

Dr. Akinwumi A. Adesina, President of the African Development Bank (left) and Gwede Mantashe, South Africa's Minister of Minerals and Energy, held a bilateral meeting on 25 March 2022.

African Development Bank Group President Dr Akinwumi Adesina has assured South Africa of the Bank’s strong support as the country transitions from fossil fuel to renewable energy.

Bilateral meeting between Mr. Gwede Mantashe Minister of Minerals and Energy and Dr. Akinwumin A. Adesina, President of the African Development Bank

African Development Bank head celebrates food ‘milestone for Africa’ at the launch of first special agriculture industrial zone in Mozambique

African Development Bank head Akinwumi A. Adesina joined President of the Republic of Mozambique Filipe Jacinto Nyusi, to launch the “milestone” Pemba-Lichinga Integrated Development Corridor on Saturday, in Mozambique’s northern Niassa province.

The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group approved a $47.09 million grant for the first phase of the Development Corridor Group in December 2021.