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Renewable Energy
The Board of Directors of the African Development Bank Group approved, on 28 January 2026 in Abidjan, $110 million in financing to Support the Environmental Upgrading and Rehabilitation of the Production Units of the Tunisian Chemical Group (PAER-…
Renewable Energy
The Board of Directors of the African Development Bank (AfDB) has approved a new USD 3.9 million, two-year technical assistance project to support African countries in the implementation of their National Energy Compacts into action under Mission…
Solar PV
Africa is undergoing a major change in the way it produces and uses energy, with clean power now emerging as a stronger driver of growth than fossil fuels. New market data shows that private sector investment in clean energy across the continent has…
Geothermal
The Board of Directors of the African Development Bank Group has approved a loan of $16.5 million to support the development of the 35 MW OrPower Twenty-Two (OTTL) Geothermal Power Plant last November, a flagship renewable energy project that will…
Solar Pump Irrigation
JIVO Energy has completed the solarization of five water pumping systems used for irrigation in northern Senegal, marking an important step toward sustainable agriculture in the region. The project involved installing solar PV systems on existing…
AfDB–AFD meeting
The African Development Bank Group and Agence Française de Développement (AFD) have held discussions on scaling up joint investment and aligning more closely on Africa’s development priorities. Senior leaders of the two institutions met in Abidjan…
LNG
The Board of Directors of the African Development Bank  approved on 14 January a $150 million senior loan to support the development of the Coral North Floating Liquefied Natural Gas Project, a transformative energy infrastructure initiative located…
Solar PV
The Indian Renewable Energy Development Agency Limited (IREDA) made a significant stride in global renewable energy finance by announcing its first international loan through its wholly owned subsidiary, IREDA Global Green Energy Finance IFSC…
Solar PV
The Swartland Municipality in the Western Cape is planning a significant move toward renewable energy with a 10 MW solar PV project. The municipality has announced its intention to enter into a twenty-year Power Purchase Agreement (PPA) with a NERSA…