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

Africa Investment Forum Hosts First ‘Mission 300’ Day, Accelerating Push for Universal Electricity Access

The event highlighted countries’ National Energy Compacts showcased investment-ready opportunities, and galvanised action toward the shared goal of delivering electricity access to 300 million people across Africa by 2030

The World Bank Group and the African Development Bank Group (https://www.AfDB.org), 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 sidelines of the Africa Investment Forum (AIF) 2025 Market Days (http://apo-opa.co/4oeFycH)…

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    • The additional financing from the African Development Fund will enable Liberia to complete construction of the run-of-river hydropower plant and related infrastructure
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Source: African Development Bank Group (AfDB) |

Liberia: African Development Fund invests over $7 million to complete run-of-river hydropower plant and related infrastructure project

The plant will be connected to an 8-km 33-kilovolt evacuation line and two transformer substations, and also to a cross-border transmission line

The Board of Directors of the African Development Fund, meeting today in Abidjan, has approved an additional loan of $7.41 million to complete implementation of the Renewable Energy for Electrification project in Liberia. The African Development Fund is the concessional lending window of the African Development Bank Group (https://www.AfDB.org). The…

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    • Tackling Africa’s Off-Grid Gap: The International Finance Corporation (IFC), African Development Bank Group (AfDB), and partners appoint Inspired Evolution as Investment Manager for Zafiri
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Source: African Development Bank Group (AfDB) |

Tackling Africa’s Off-Grid Gap: The International Finance Corporation (IFC), African Development Bank Group (AfDB), and partners appoint Inspired Evolution as Investment Manager for Zafiri

The appointment underscores Zafiri’s central role in Mission 300, a joint initiative of the World Bank Group and African Development Bank to provide first-time electricity access to 300 million people in Sub-Saharan Africa by 2030

The African Development Bank Group (AfDB) (www.AfDB.org), The International Finance Corporation (IFC), and partner organizations today announce the appointment of Inspired Evolution as the investment manager for Zafiri, a new decentralised renewable energy (DRE) equity investment vehicle targeting small-scale and decentralized renewable energy, to expand access to electricity and clean cooking…

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    • l-r AfDB Vice President for Private Sector, Infrastructure & Industrialization, Solomon Quaynor and Mr. Shoji Yamada, Representative Director and President, JGC Corporation sign agreement in Yokohama. August 2025
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Source: African Development Bank Group (AfDB) |

African Development Bank and JGC Corporation sign agreement to advance use of sustainable aviation fuel and Africa’s green aviation agenda

The production and adoption of SAF in Africa is consistent with the Bank’s sustainable transport and mobility and energy transition strategy

 The African Development Bank (www.AfDB.org) and JGC Corporation, a leading Japanese engineering company, have signed an agreement to explore cooperation in the development of sustainable aviation fuel (SAF)in Africa. The two parties signed a Letter of Intent to this effect on the sidelines of the Ninth Tokyo International Conference on…

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    • The signed contract is displayed by (right to left) Economy and Finance Minister Sid'Ahmed Ould Bouh, Energy and Petroleum Minister Mohamed Ould Khaled, and Moulay El Arby, Director of Ewa Green Energy, in the presence of project stakeholders and energy sector officials
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Source: African Development Bank Group (AfDB) |

Mauritania signs $300 million Independent Power Producer (IPP) deal for hybrid solar-wind plant under Desert to Power initiative

The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables

Mauritania has signed its first independent power producer contract, a $300 million agreement with Iwa Green Energy to develop a 60-megawatt hybrid solar-wind power plant. The project marks a milestone in the country’s drive to expand electricity generation through private financing while accelerating its transition to renewables. The facility, scheduled…

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    • African Development Bank’s investment anchors first close of $118 million for Africa's leading green infrastructure initiative
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Commits $40 Million to Catalyze the Alliance for Green Infrastructure - Project Development Fund

The Alliance for Green Infrastructure in Africa - Project Development Fund is part of the AGIA initiative, led by the African Development Bank, the African Union Commission, and Africa50

Bank’s investment anchors first close of $118 million for Africa's leading green infrastructure initiative The Fund, managed by Africa50, seeks to raise $400 million of blended, early-stage development capital to deliver a pipeline of investment-ready green infrastructure projects in Africa The African Development Bank Group (www.AfDB.org) has announced $40 million…

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    • Niger: African Development Bank extends loan of over $144 million to enhance energy access and economic competitiveness
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Source: African Development Bank Group (AfDB) |

Niger: African Development Bank extends loan of over $144 million to enhance energy access and economic competitiveness

Niger’s Energy Sector Governance and Competitiveness Support Program is expected to address governance challenges by strengthening public financial management systems, particularly tax revenue mobilization and tax revenue control system

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $144.27 million to Niger for the first phase of a program that will reform energy sector laws and address the country's critical power shortage. Niger’s Energy Sector Governance and Competitiveness Support Program is expected…

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    • Desert-to-Power: The Sustainable Energy Fund for Africa (SEFA) commits €6 million to Dédougou Solar Project in Burkina Faso
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Source: African Development Bank Group (AfDB) |

Desert-to-Power: The Sustainable Energy Fund for Africa (SEFA) commits €6 million to Dédougou Solar Project in Burkina Faso

The plant will help diversify Burkina Faso's energy mix, reduce electricity costs, and boost access to reliable, affordable electricity, supporting economic growth and local livelihoods

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (www.AfDB.org), has committed a €6 million concessional finance package for the development of the 18 MW Dédougou Solar Power Plant in Burkina Faso, marking a significant milestone towards increasing the country's energy generation capacity. SEFA's commitment comprises…

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    • The African Development Bank (AfDB) and Sustainable Energy Fund for Africa (SEFA) provide $40 million investment in equity platform Zafiri to accelerate renewable energy access across Africa
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Source: African Development Bank Group (AfDB) |

The African Development Bank (AfDB) and Sustainable Energy Fund for Africa (SEFA) provide $40 million investment in equity platform Zafiri to accelerate renewable energy access across Africa

Zafiri - jointly developed by the Bank, World Bank Group and other partners - aims to address the critical shortage of patient, longer-term equity capital needed to de-risk and scale Decentralized Renewable Energy solutions (DRE)

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a $40 million equity investment in Project Zafiri, a transformative equity platform and flagship initiative under Mission 300 (https://apo-opa.co/4m1ve7m). This investment will accelerate the expansion of renewable energy access across Africa. Zafiri - jointly developed by the Bank,…

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

Empowering Women through Clean Energy: African Development Bank Launches Country Diagnostics to Accelerate Inclusive Energy Transitions

Focusing on localized, actionable solutions, the reports identify opportunities to embed gender considerations into national energy planning, investment strategies, and policy frameworks

In a significant step toward advancing inclusive climate solutions, the African Development Bank (www.AfDB.org), in partnership with the Climate Investment Funds (CIF) (https://apo-opa.co/44PhRQI), has launched the Gender and Renewable Energy Country Diagnostics (https://apo-opa.co/3GXAwSi)—a pivotal initiative exploring the nexus between gender equity and energy access in six African countries: Ghana (https://apo-opa.co/450VUOL), Liberia (https://apo-opa.co/44DKrFW), Mali (https://apo-opa.co/44ZZLM5),…