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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…
Onshore Wind Farm
ACCIONA Energía has reached an agreement with Cennergi, Exxaro Resources Limited’s wholly owned subsidiary and one of South Africa’s leading renewable energy producers, for the sale of its stake in two renewable energy assets totaling 232MW of…
Renewable Energy
As part of its commitment to driving green and inclusive growth across Africa, the African Development Bank is supporting a new generation of environmentally conscious leaders in Kenya through its partnership with the Green Careers Caravan (GCC), an…
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…
Renewable Energy
The World Bank has approved Mauritania’s First Reform for Inclusive and Sustainable Growth Development Policy Financing, a $30 million credit from the International Development Association (IDA) that supports the Government of Mauritania’s efforts…
Transmission Line
To boost access to electricity for low-income households and small businesses in Côte d’Ivoire, IFC announced its support for a bond issuance that will help finance up to 600,000 new electricity connections, benefiting nearly 2.8 million people in…
Mission 300
The World Bank Group and the African Development Bank Group, with support from The Rockefeller Foundation, the Global Energy Alliance for People and Planet, and Sustainable Energy for All (SEforALL), hosted the inaugural “Mission 300 Day” on the…
Transmission Line
GE Vernova, Inc. (NYSE: GEV) is participating at B20 South Africa as part of the Energy Mix & Just Transition Task Force to help advance practical solutions that scale up more affordable, reliable, sustainable, and secure energy, and the grid…