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Wind Farm
Exxaro Resources Limited, through its wholly owned, subsidiary Cennergi, has entered into binding agreements with Acciona Energía to acquire majority interests in two fully operational renewable energy assets - the 138MW Gouda Wind Farm in the…
Solar PV
The Board of Directors of the African Development Fund has approved a grants package worth $23.36 million to bring clean and reliable electricity to the city of Bosaso, Somalia. The Rehabilitation and Expansion of Bosaso Power Grid and…
African Development Bank Approves USD 2 Million Grant to Boost Energy Storage and Grid Stability in Southern Africa
The African Development Bank has approved a USD 2 million technical assistance grant to support the development of a pioneering Southern African Power Pool (SAPP) Energy Storage Strategy, marking a major step toward modernizing Southern Africa’s…
Renewable Energy
The Board of Directors of the African Development Bank Group approved on Wednesday a non-sovereign partial credit guarantee of up to €450 million to support the Office Chérifien des Phosphates (OCP) Group. Launched for the first time in Morocco,…
Power Grid
The Board of Directors of the African Development Bank Group has approved the 2025–2030 Country Strategy for Algeria, designed to support economic diversification, strengthen strategic infrastructure, and advance regional integration. The new…
African Development Bank Approves $10 Million to catalyse Namibia’s Large Green Hydrogen Project
The African Development Bank’s Board of Directors has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support a green ammonia project valued at more than $10 billion and with the potential to…
Solar PV
Scatec ASA, a leading renewable energy provider, has started commercial operation of the 273 MW Grootfontein solar power plant in South Africa, which will generate predictable revenues from a 20-year power purchase agreement (PPA). “Bringing the…
Nkula
The African Development Fund’s (ADF) Board of Directors has approved a grant of $22.9 million for the rehabilitation of Malawi’s Kapichira and Nkula B hydropower plants, marking a transformative investment in the nation's energy future. The $118.7…
Solar PV
Major private sector players have announced billions in new investment to accelerate Africa’s clean energy transition, unveiling ambitious commitments at the Global Citizen Scaling Up Renewables in Africa event on 21st November. The pledging…