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    • Singrobo-Ahouaty hydropower plant. Photo courtesy Neo Themis
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African Development Bank funded energy projects in Egypt and Cote D’Ivoire win top infrastructure and energy accolades at the IJ Global Awards

The Singrobo hydropower was the first hydropower IPP, and private sector-funded climate action investment to reach financial close in West Africa in December 2022

Two African Development Bank (www.AfDB.org)-supported projects have won awards at the IJ global awards held in London, United Kingdom. The Singrobo hydropower plant in Ivory Coast, in which the Bank played the Mandated Lead Arranger role won the Power Deal of the Year award, while the Kom Ombo Solar plant,…

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    • Authorities and key players in renewable energies sector participate in the 3rd Renewable Energies Week
    • Bintou Camara, Malian Minister of Energy and Water, speaks at the opening of Renewable Energies Week
    • Adalbert Nshimyumuremyi, head of the African Development Bank’s country office in Mali, reiterated the Bank’s support for developing renewable energies in Mali
    • Government authorities and partners visit stands showing renewable energies technologies
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Source: African Development Bank Group (AfDB) |

Mali: Partners and key players commit to developing renewables sector at opening of 3rd Renewable Energies Week

Some 50 exhibitors are presenting opportunities available in Mali for renewable energy, so that people can explore the advances in the sector

On Thursday 29 February 2024, the Malian Minister of Young People and Sports, Civic Education and Citizenship, Abdoul Kassim Fomba presided – in the name of the Prime Minister of Mali, Choquel Kokalla Maïga – the opening of the 3rd Renewable Energies Week. He renewed the commitment made by the…

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    • Italy announces $6 billion plan to strengthen partnership with Africa at Italy-Africa Summit
    • L-R: Italian Prime Minister Georgia Meloni, Dr Akinwumi A. Adesina, president of the African Development Bank Group, and Italian Republic President Sergio Mattarella at Palazzo del Quirinale
    • African Development Bank Group President Dr Akinwumi Adesina (2nd right, 3rd row) joined 25 African leaders and European Union officials at the Italy-Africa Summit
    • African Development Bank Group President Dr Akinwumi Adesina (right) underscored Africa’s resilience, saying, “Africa will determine the future of the world”
    • The President of the European Commission, Ursula von der Leyen (standing), called for a united front “to build alternatives to the deadly smuggling routes”
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Italy announces $6 billion plan to strengthen partnership with Africa at Italy-Africa Summit

They included an initial pledge of €5.5 billion (US$5.95 billion) including guarantees

The government of Italy unveiled a near US$6 billion plan to support African development at a one-day Italy-Africa plan in Rome on Monday. African Development Bank Group President Dr Akinwumi Adesina (www.AfDB.org) joined 25 African leaders and European Union officials at the summit. The summit—which took place as Italy assumes the Presidency…

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    • 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
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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…

Source: African Development Bank Group (AfDB) |

African Development Bank and United Kingdom (UK) announce Mauritius as a beneficiary of unlocked climate finance from the landmark Room to Run Sovereign Program

This will allow Mauritius to continue its path of energy transition and enable the integration of renewable energy and achieve the target of 60% renewable energy in the electricity generation mix by 2030

The African Development Bank (www.AfDB.org) and the United Kingdom have announced the selection of the Gas Insulated Switchgear Substations Project in Mauritius as a beneficiary project under the Room to Run Sovereign transaction (R2RS) (https://apo-opa.co/3U3D0CP). This means that up to 100% of the $110 million total project cost corresponding to the climate…

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    • Hydropower plants like Kinguélé Aval in Gabon can, with refurbishment, play a key role in Africa's energy transition by reducing reliance on fossil fuel-derived electricity
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Multinational: African Development Bank’s Sustainable Energy Fund for Africa (SEFA) to provide $9.72 million to modernise the African Hydropower Fleet

The project fully aligns with the Bank's New Deal on Energy for Africa, which aims to provide universal access to energy for Africans, prioritising low-carbon technologies that harness the continent's hydro, solar, geothermal, and wind resources

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) (www.AfDB.org/SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP), a one-stop shop that overhauls African hydropower systems to enhance their reliability and flexibility. With this new funding, AHMP will expand the modernisation of a…

Source: African Development Bank Group (AfDB) |

São Tomé and Príncipe: African Development Bank Group extends $17.4 million to support public finance and energy sector reforms

The government will receive $10.7 million divided evenly over fiscal year 2023 and fiscal year 2024 under the Fiscal Sustainability and Economic Resilience Program (FSERP)

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved $17.4 million in grants for Sao Tome and Príncipe to shore up the national budget and enhance public service delivery as part of the economic response to support public finance and energy sector reforms following several external…

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    • The African Development Bank is providing Tunisia with financial support to improve the treatment of wastewater for reuse in agriculture and to improve climate resilience
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Tunisia: African Development Bank lends nearly €82 million for wastewater reuse in agriculture, strengthening climate resilience

This new funding is the Bank's third operation in the urban sanitation subsector to the benefit of Tunisia’s National Sanitation Office (ONAS)

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of €81.9 million to Tunisia to implement the Treated Wastewater Quality Improvement Project For Climate Resilience Building (PAQEE-RCC) at a meeting in Abidjan on 6 December. To be implemented over the period 2024-2028, the project will…

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South Africa: African Development Bank approves $300 million for energy governance and climate resilience

The Programme prepared in collaboration with other development partners including the World Bank and KfW Development Bank (KfW), will help advance South Africa’s energy transition

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $300 million loan to South Africa to implement its Energy Governance and Climate Resilience Programme. The Programme prepared in collaboration with other development partners including the World Bank and KfW Development Bank (KfW), will help advance South…

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    • Conference of the Parties (COP28): African Development Bank garners significant global support for climate action in Africa
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Conference of the Parties (COP28): African Development Bank garners significant global support for climate action in Africa

The Bank has launched several flagship initiatives to help African countries implement the Paris Agreement on Climate Change and achieve the Sustainable Development Goals

The African Development Bank Group’s (www.AfDB.org/en) initiatives towards building a climate-resilient Africa drew significant support at the 2023 UN Climate Change Conference (COP28), garnering donor commitments and global partnerships. The Bank has launched several flagship initiatives to help African countries implement the Paris Agreement on Climate Change and achieve the…