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… +
Africa holds about 30% of the world’s most critical mineral deposits, including cobalt, lithium, graphite, rare earths, platinum group metals, copper, manganese, and nickel African ministers, representatives from continental institutions, the private sector, and development partners have called for Africa’s critical minerals to drive a new era of economic transformation,… +
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… +
Mission 300 is now delivering electricity access at nearly double the pace recorded at the initiative’s launch — proof that coordinated action can drive large-scale change The World Bank Group and the African Development Bank Group (www.AfDB.org) announced today that Mission 300 has connected over 50 million people to electricity… +
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… +
As Africa moves to assert its energy priorities in a landmark legal case, the continent’s development trajectory hinges on closing its vast energy access gap through pragmatic, resource-driven solutions While the world debates a path towards reducing carbon emissions and addressing the climate crisis, Africa continues to face one 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… +
African private sector leaders call for withdrawal from Frontier Energy events that marginalize local talent, championing inclusion, fair contracting and the Alliance model of partnership The African private sector is raising the alarm over Frontier Energy Network’s policies that systematically exclude African professionals and service providers from meaningful roles in… +
