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African Development Bank Group (AfDB)

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    • African Development Bank Group President Dr. Akinwumi Adesina, who is also the Chairman of the Group’s Boards of Directors, underscored the impact of the Bank’s operations, which have impacted more than half a billion lives over the past decade
    • African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact
    • African Heads of State and Government display copies of the Dar es Salaam Energy Declaration at the closing session of the Africa Energy Summit, 28 January 2025
    • “The African Development Bank accelerated food production in Africa. Over 101 million people became food secure. We mobilized $72 billion to implement the food and agriculture delivery compacts across the continent,” said Dr. Adesina
    • The Africa Investment Forum, a joint effort with eight other partner institutions, has mobilized over $200 billion in infrastructure investment commitments. (Picture: Africa Investment Forum Founding Partners and other officials during the Opening Session of the Africa Investment Forum 2024 Market Days, Rabat, 4 December 2024)
    • UN Secretary-General António Guterres reiterated calls for reform of the international financial architecture
    • Barbados Prime Minister Mia Mottley emphasized Africa’s strategic role in shaping global economic trends, as the continent controls 40% of the world’s minerals
    • Ethiopian Prime Minister Dr. Abiy Ahmed urged continued unity in addressing Africa’s challenges
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Source: African Development Bank Group (AfDB) |

CORRECTION - African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact

Under Adesina’s presidency, the Bank achieved its largest-ever capital increase, growing from $93 billion in 2015 to $318 billion currently

“It’s been my greatest honor to serve you and Africa”—Adesina tells African leaders Governments across Africa pay tribute to Adesina’s exceptional leadership UN Secretary General Guterres says global financial architecture hampering Africa’s development, calls for reforms African Development Bank Group (www.AfDB.org) President Dr. Akinwumi A. Adesina, delivered a compelling farewell address…

African Development Bank Group (AfDB)

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    • Winners of a Tanzania national Clean Cooking Challenge received awards during the Africa Energy Summit held in Tanzania, January 2025 (1)
    • Winners of a Tanzania national Clean Cooking Challenge received awards during the Africa Energy Summit held in Tanzania, January 2025 (2)
    • President Suluhu Hassan of Tanzania, global Clean Cooking ambassador at the Africa Energy Summit. January 2025
    • Mission 300: African leaders pledge to advance clean cooking solutions for Africa at milestone Energy Summit
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Source: African Development Bank Group (AfDB) |

Mission 300: African leaders pledge to advance clean cooking solutions for Africa at milestone Energy Summit

Tanzania leading continental efforts to promote clean cooking with President Suluhu Hassan as ambassador

African countries have taken bold commitments to implement clean cooking energy solutions to offset the devastating effects of open fire cooking which kills roughly 600,000 women and children annually across the continent. In energy compacts (apo-opa.co/40Fdx4z) signed during the Mission 300 Africa Energy Summit, held in Tanzania 27-28 January, 12 African…

African Development Bank Group (AfDB)

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    • Mission 300: Significant new donor pledges in support of the Sustainable Energy Fund for Africa announced on margins of the Africa Energy Summit
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Source: African Development Bank Group (AfDB) |

Mission 300: Significant new donor pledges in support of the Sustainable Energy Fund for Africa announced on margins of the Africa Energy Summit

France’s contribution will bolster the Africa Green Infrastructure Alliance (AGIA), a platform of the African Development Bank, Africa 50 and other partners that will develop transformative sustainable infrastructure projects for investment

Denmark, the United Kingdom, Spain and France have unveiled new or additional contributions to the Sustainable Energy Fund for Africa, demonstrating strong support for the African Development Bank (www.AfDB.org)-managed fund as it expands energy access across Africa, including through the Mission 300 partnership. Another new donor – Japan –joined in…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Africa Energy Summit, leaders commit to energy transformation with more than $50billion backing from global partners

The Dar es Salaam Energy Declaration represents a key milestone in addressing the energy gap in Africa, where more than 600 million people currently live without electricity

Thirty African Heads of State and government today committed to concrete reforms and actions to expand access to reliable, affordable, and sustainable electricity to power economic growth, improve quality of life, and drive job creation across the continent. The leaders pledged their commitment in a declaration during the two-day Mission 300…

African Development Bank Group (AfDB)

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    • Livestream Day 1, 27 January 2025
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    • Mission 300 Africa Energy Summit: Continent to connect 300 million to electricity by 2030 in new ambitious and collaborative initiative
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Source: African Development Bank Group (AfDB) |

Mission 300 Africa Energy Summit: Continent to connect 300 million to electricity by 2030 in new ambitious and collaborative initiative

Mission 300 will incorporate robust accountability measures, including country-specific monitoring and evaluation systems and the Africa Energy Regulatory Index to track progress

African Development Bank (www.AfDB.org), and World Bank in unprecedented collaboration to transform Africa’s Energy Access  Strong emphasis on clean cooking solutions to avoid 600,000 deaths annually due to smoke exposure Connecting 300 million Africans to electricity within the next five years is within reach through collaborative effort and commitment to implementation, participants…

African Development Bank Group (AfDB)

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    • Mission 300 Energy Summit to Gather Africa’s Leaders and Partners to Transform Energy Sector
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Source: African Development Bank Group (AfDB) |

Mission 300 Energy Summit to Gather Africa’s Leaders and Partners to Transform Energy Sector

Mission 300 is an unprecedented collaboration between the African Development Bank, the World Bank Group, and global partners to address Africa’s electricity access gap using new technology and innovative financing

African heads of state, business leaders, and development partners will converge tomorrow in Dar es Salaam, Tanzania, for the Mission 300 Africa Energy Summit where they will commit to ambitious reforms and actions to expand access to reliable, affordable, and sustainable electricity to 300 million people in Africa by 2030.…

African Development Bank Group (AfDB)

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    • The NOOR Solar Complex in Ouarzazate, Morocco showcases one of Africa's largest solar power installations, demonstrating the region's commitment to renewable energy
    • Kevin Kariuki is Vice President for Power, Energy, Climate, and Green Growth at the African Development Bank Group
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Source: African Development Bank Group (AfDB) |

Lighting Up Africa: The Transformative Power of Mission 300 (By Kevin Kariuki)

Mission 300 will invest in new and rehabilitation of generation capacity, transmission systems, including intra- and regional interconnections, as well as distribution grids to build robust and reliable power systems

By Kevin Kariuki, Vice President for Power, Energy, Climate, and Green Growth at the African Development Bank Group (www.AfDB.org/en) Across Africa, nearly 600 million people live in energy poverty, deprived of reliable access to electricity—a fundamental prerequisite for modern life. This staggering statistic represents more than just a lack of…

African Development Bank Group (AfDB)

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    • A new renewable energy platform supported by the African Development Bank and partners will serve nearly 70,000 households
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Source: African Development Bank Group (AfDB) |

African Development Bank, PowerGen, and Partners Launch Transformative Renewable Energy Platform to Scale Clean Energy Access Across the Continent

With funding secured, PowerGen is well-positioned to serve the energy needs of more than 68,000 households and reduce the cost of power for 7,000 businesses

PowerGen Renewable Energy (PowerGen) has partnered with leading international investors to establish a scalable, distributed renewable energy platform targeting the deployment of 120 MW of renewable power, including battery energy storage solutions across Africa. The platform is a collaboration between PowerGen and the Private Infrastructure Development Group (PIDG), the Danish…

African Development Bank Group (AfDB)

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    • Windmills and solar energy systems supported by the African Development Bank Group are bringing sustainable energy to the most remote areas of the continent
    • Wale Shonibare, African Development Bank's Director of Energy Financial Solutions, Policy, and Regulation
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Source: African Development Bank Group (AfDB) |

The Critical Need for Energy Access in Africa: A Roadmap to Prosperity (By Wale Shonibare)

At the current pace of electrification and with Africa’s rapid demographic growth, the number of people without electricity will remain largely unchanged unless we take bold and immediate action

By Wale Shonibare, African Development Bank's (www.AfDB.org​) Director of  Energy Financial Solutions, Policy, and Regulation  Across Africa, the sunlight shines bright and natural resources abound. Yet despite that lies a pressing issue that threatens to stifle the continent’s growth and prosperity: the lack of access to reliable and sustainable electricity.…

African Development Bank Group (AfDB)

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    • African Development Bank's Sustainable Energy Fund for Africa Invests $10 Million to Supercharge Climate Tech Innovation in Sub-Saharan Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank's Sustainable Energy Fund for Africa Invests $10 Million to Supercharge Climate Tech Innovation in Sub-Saharan Africa

This catalytic investment aims to unlock $70 million in funding for African climate-focused ventures

The African Development Bank (www.AfDB.org) has announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund) to propel climate technology entrepreneurship across Sub-Saharan Africa. This catalytic investment aims to unlock $70 million in funding for African climate-focused…