The Bank also plans to mobilise up to an additional €141 million from financial partners to support the implementation of this strategic project, acting as Mandated Lead Arranger under the New African Financial Architecture for Development (NAFAD) The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved… +
The report sets out a blueprint for ensuring that women are recognised and empowered as equal partners in The Gambia’s energy transition, and bridges the gap between progressive national frameworks and their implementation on the ground The African Development Bank (www.AfDB.org), in partnership with the Ministry of Gender, Children and… +
The programme is expected to support the avoidance of an estimated 25,000 tonnes of carbon dioxide equivalent emissions (tCO ₂e) over five years, subject to operational performance and final emissions calculations First WATT Renewable Limited and MTN Nigeria have announced a strategic renewable energy infrastructure partnership designed to reduce diesel… +
The Board of Directors of the African Development Bank Group has approved a financing package of $16.7 million for Liberia to support reforms aimed at strengthening fiscal sustainability and improving governance in the mining sector. The financing represents the first phase of the Fiscal Sustainability and Mining Sector Governance Support Programme… +
The Government of South Sudan has decided not to renew the exploration and production license held by Oranto Petroleum for Block B3, marking a turning point in the management of its strategic oil assets. The announcement was made by the South Sudanese Ministry of Petroleum following a performance review of… +
This co-investment mobilizes European institutional capital for climate-friendly infrastructure and the energy transition. The African Development Bank Group (www.AfDB.org) and ILX Management B.V. (ILX) have finalized their first transaction, marking a significant milestone in their partnership aimed at mobilizing European institutional capital for climate-friendly infrastructure projects in Africa. ILX has… +
New discoveries in Ivory Coast and Angola reinforce Eni’s dual strategy of frontier exploration and near-field reserve growth in Africa Energy major Eni continues to deliver on its exploration drive in Africa, announcing two major hydrocarbon discoveries in February 2026. In Ivory Coast, the company successfully drilled the Murene South-1X… +
President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Electricity and Renewable Energy Mahmoud Esmat to review preparations for the upcoming summer season and to assess progress on Egypt’s renewable energy and grid modernization strategy. According to Presidential Spokesman Ambassador Mohamed El-Shennawy, the meeting focused on… +
Partnership expands Puma Energy lubricants into the Democratic Republic of Congo Puma Energy, a leading downstream energy company, and Hass Group, a leading oil marketing company in Africa, today announced a lubricant distribution partnership covering the Democratic Republic of Congo (DRC). The agreement was signed at the Investing in African… +
By combining utility-scale renewable generation with a more flexible delivery via wheeling, SolarAfrica is helping companies access greener energy without the upfront capital outlay traditionally associated with on-site solar systems SolarAfrica (https://SolarAfrica.com) has secured financial close on R1.5 billion to build SunCentral 2, the next 114 MW plant of its… +
