Source: African Development Bank Group (AfDB) |

Curtain falls on Conference of the Parties (COP24) in Poland: African Development Bank more resolute than ever to fight against climate change in Africa

During the two weeks of the conference, the African Development Bank assumed its role as primary champion of African interests and a steadfast supporter of African negotiators

The curtain has fallen on COP24 (, this year’s global climate summit held in Katowice, Poland. However, negotiations continued throughout the weekend to reach agreement on specific parts of the 'rulebook' to be applied  from 2020 by the 197 signatories of the Paris Agreement (, to limit global warming to…

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

Empower women to help save Africa from climate change

Africa must unlock the power of its women and girls if it is to adapt to climate change, cope with disasters and build its green energy sector

That is the message from African delegates as the world prepares to implement the Paris Agreement on climate change in Katowice, Poland, this week. Research shows that when women are involved in decision making, agreements on the environment are more likely to be ratified and projects around natural resources, such…

Source: African Development Bank Group (AfDB) |

Huge desert solar initiative to make Africa a renewables power-house

Solar projects stretching across the Sahel region are expected to connect 250m people with electricity by tapping into the region’s abundant solar resource

The details of the “Desert to Power Initiative” have been outlined as part of the Paris Agreement climate change talks at COP24 in Katowice, Poland this week. Energy poverty in Africa is estimated to cost the continent 2-4 % GDP annually, according to the African Development Bank (AfDB) (, which…

Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2018: African Development Bank achieves significant progress with energy projects across Africa

Noteworthy gains were realized in the energy sector as various expressions and letters of interest were signed for projects in Ethiopia, Ghana, Angola and Cameroon

The just-concluded Africa Investment Forum ( successfully convened key stakeholders, and provided an unprecedented platform for effective dialogue to drive investments into the continent. Running on the margins of the Forum, the Africa Energy Market Place (AEMP) ( progressed with country-specific discussions that began at the inaugural AEMP in July 2018…

Source: African Development Bank Group (AfDB) |

African Development Bank launches Africa Energy Portal

The African Development Bank has launched the Africa Energy Portal (AEP) at the Africa Investment Forum in Johannesburg

 “Building a Knowledge Base to De-Risk the Energy Sector in Africa,” brought together investors, policy makers and government officials for a presentation of the new initiative on Friday 9 November, the final day of the Forum. The AEP portal, hosted at, will consolidate, validate, and disseminate energy data and…

Source: African Development Bank Group (AfDB) |

The Trade and Development Bank and USAID Sign Memorandum of Understanding to Power Africa

The memorandum was signed at African Development Bank’s inaugural Africa Investment Forum

The Eastern and Southern African Trade and Development Bank (TDB) ( and USAID’s Power Africa initiative ( have today signed a memorandum of understanding (MoU) that will finance power projects in 22 African countries. The memorandum was signed at African Development Bank’s ( inaugural Africa Investment Forum, where emphasis on…

Source: African Development Bank Group (AfDB) |

African Development Bank urges power sector to capitalize on women’s capabilities

Women represent only 20 percent of employees in the African power sector and less than ten percent of engineers

The African Development Bank Group (, in partnership with the French Development Agency, Association of Power Utilities of Africa and African Network of Centers of Excellence (ANCEE) organized a three-day seminar on “Promoting Gender Equality in the African Power Sector” at the Bank’s headquarters in Abidjan. The seminar brought together…

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

African Development Bank and partners’ innovative Room2Run securitization will be a model for global lenders

Room2Run will create space for more lending in pursuit of development agenda

Sharing the lessons learned will shorten the path for other MDB’s Room2Run, the African Development Bank ( and partners’ innovative US $1 billion synthetic securitization of a portfolio of seasoned African Development Bank private sector loans, will serve as a model for other lenders, help reduce costs, and shorten execution time, finance…

Source: African Development Bank Group (AfDB) |

South Africa: Eskom to expand transmission network with $218 loan from African Development Bank

The Bank’s intervention will enable the provision of additional power evacuation paths to the network from the Kusile, Majuba, Drakensburg and Ingula power stations

The African Development Bank ( has approved a ZAR 2.886 billion (US$217.9 million ) loan to South Africa’s power utility Eskom Holdings Ltd, towards the upgrade and expansion of its transmission facilities. The entity is crucial to power supply within the sub-region. The funding supports the Eskom Transmission Improvement Project (ETIP),…

Source: African Development Bank Group (AfDB) |

African Development Bank, mariner investment group, and africa50 price landmark $1 billion impact securitization

Structured as a synthetic securitization by Mizuho International, Room2Run transfers the mezzanine credit risk on a portfolio of approximately 50 loans from among the African Development Bank’s non- sovereign lending book, including power, transportation, financial sector, and manufacturing assets

With “Room2run,” AfDB Launches Securitization Market for Multilateral Development Bank Sector Transaction is in Direct Response to G20 Action Plan for Mdb Balance Sheet Optimization AfDB Commits to Reinvest freed up Capital into New African Infrastructure Lending, Making Room2run one of the Largest Impact Investments ever Transaction is supported by…