We use cookies to improve your experience. By your continued use of this site you accept such use.
African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • From L to R : Malinne Blomberg, African Development Bank Deputy Director General for North Africa, Abdelssalam Mohamed Saleh, Mauritania’s Minister of the Economy and Sustainable Development, Nany Ould, Minister of Energy, Oil, and Mines, during the signature of the $289 million financing agreement for two energy project sectors in Mauritania
  • All (1)
Source: African Development Bank Group (AfDB) |

Mauritania: Over $289 million in financing to develop solar power generation and transmission and accelerate energy transition

The first project, the PIEMM, involves building a 225 kV electricity interconnection to link Mauritania to Mali as part of the Desert to Power Initiative

Mauritania's Minister of Economy and Sustainable Development, Abdessalam Mohamed Saleh, and the African Development Bank's (www.AfDB.com) Deputy Managing Director for North Africa, Malinne Blomberg, signed, on Thursday in Nouakchott, financing agreements for two energy sector projects in Mauritania worth a total of US$289.5 million, covering solar power generation, transnational electricity…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Conference of Parties (COP 28): African countries sign on to join pioneering global battery energy storage consortium
  • All (1)
Source: African Development Bank Group (AfDB) |

Conference of Parties (COP 28): African countries sign on to join pioneering global battery energy storage consortium

African Development Bank joins initiative of the Global Leadership Council as resource partner

Several African countries have formally expressed interest to join the groundbreaking Battery Energy Storage Systems (BESS) Consortium, launched Saturday during COP28, which could revolutionise Africa’s energy landscape by developing advanced energy storage solutions through collaboration and innovation. Joining the BESS Consortium, a multistakeholder partnership initiative of the Global Leadership Council,…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The African Development Bank is providing $950,000 to support women’s access to finance and training and accelerate economic inclusion in the Sahel region
  • All (1)
Source: African Development Bank Group (AfDB) |

Sahel region: African Development Bank to extend nearly $1m in gender-based grants to boost opportunities for women-led businesses

The grant, which will supplement an earlier $3.9 million financing grant from the Bank’s Transition Support Facility, is expected to bolster 1,400 women-led enterprises

The African Development Bank's Gender Equality Trust Fund (www.AfDB.org) will provide a $950,000 grant to the Africa Small and Medium Enterprise Business Linkages Program in Burkina Faso, Chad, Mali, Mauritania, and Niger.  The grant, which will supplement an earlier $3.9 million financing grant from the Bank’s Transition Support Facility, is expected…

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

Mauritania: African Development Bank and Bank for Trade and Industry (BCI) Group Sign US$ 485,000 Affirmative Finance Action for Women in Africa (AFAWA) Technical Assistance Agreement to Promote Financial Inclusion of African Women's Enterprises

The project aims to strengthen BCI’s financing capacity for trade and industry and to better support women small and medium enterprises in Mauritania, Mali, Senegal and Guinea

The African Development Bank (www.AfDB.org) and the Bank for Trade and Industry (BCI) of Mauritania have signed a $485,000 technical assistance agreement for the Affirmative Finance Action for Women in Africa (AFAWA) program which aims at promoting women's access to finance in Africa. The agreement was signed by Mohamed El…

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

African Development Bank Group President Akinwumi Adesina to Visit Mauritania

The visit underscores the African Development Bank Group's commitment to maintaining strong ties with Mauritania

The President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi A. Adesina, will travel to Mauritania on 12 September 2022 for a three-day visit. During the visit, Adesina will meet with the Mauritanian President, Mohamed Ould Cheikh El-Ghazouani, and other members of the government, including Ousmane Mamoudou Kane, Minister…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Through appropriate capacity building programmes, Sahel countries will increase their own capabilities to accelerate their energy transition
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank, MASEN and RES4africa to co-organise training programme for Sahel countries

The planned sessions are relevant to all aspects of the solar energy value chain and landscape – from utility scale to decentralized uses

The African Development Bank (www.AfDB.org), MASEN and RES4Africa have agreed to join forces on a dedicated solar energy training programme in 2022, to foster the uptake of solar energy in five Sahel countries. The programme, to be conducted in Burkina Faso, Chad, Mali, Mauritania and Niger, will focus on energy…

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

African Development Bank Group approves $379.6 million Desert to Power financing facility for the G5 Sahel countries

The facility is expected to result in 500 MW of additional solar generation capacity and facilitate electricity access to some 695,000 households

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger. The Bank envisages to commit up to $379.6 million in financing and technical assistance for the facility over the next seven…

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

Desert to Power G5 Sahel Financing Facility receives $150 million from Green Climate Fund

The initiative is expected to lead to substantial CO2 emission reductions – projected at over 14.4 million tCO2equ

The African Development Bank (www.AfDB.org) has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its 30th Board meeting this week. Desert-to-Power is a flagship renewable energy and economic development initiative led by the African…

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

African Development Bank Group’s $6 million grant kicks off Desert-to-Power West Africa Regional Energy Program

Desert to Power, an initiative led by the Bank, is expected to transform the Sahel by harnessing the region’s abundant solar potential

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $6 million grant to launch the initial phase of the Desert to Power West Africa Regional Energy Program. Desert to Power, an initiative led by the Bank, is expected to transform the Sahel by harnessing the…

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

The African Development Bank: a strategic partner in developing resilience and sustainable energy in the Sahel region

The Sahel Alliance has invited the African Development Bank to lead a working group on agriculture, rural development and food security

The Sahel Alliance will hold its second general assembly in N'Djamena, Chad on Monday, 15 February 2021. The meeting will take place on the side-lines of a summit for the G5 Sahel countries— Burkina Faso, Mali, Mauritania, Niger, Chad—as well as France. The African Development Bank (www.AfDB.org) played an active…