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In: Cover, News, Renewable energies

Financing Objectives Components The project will improve the electricity supply, improving the population’s socio-economic development Target area and population  The project entails the construction of a grid-connected solar photovoltaic power plant near the town of Dekemhare 40 km southeast of the capital Asmara, and to increase the capacity to supply… +

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The Sustainable Energy Fund for Africa (SEFA)  of the African Development Bank Group will provide a $1 million technical assistance grant to the Green Mobility Facility for Africa (GMFA). GMFA provides technical assistance and investment capital to accelerate and expand private sector investments in sustainable transport solutions in seven countries: Kenya,… +

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In: Chad, Electricity, Liberia, Renewable energies, Sierra Leone, Togo

Sierra Leone, Chad, Liberia, and Togo Kick Off Activities to Increase Grid-Connected Renewable Energy Capacity Activities under the new Regional Emergency Solar Power Intervention Project (RESPITE) have officially kicked off in Freetown to increase electricity access to millions of existing and prospective consumers in Chad, Liberia, Sierra Leone, and Togo.… +

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In: Cover, Economy & Investment, News, Renewable energies

The SEFA grant complements existing facilities to mitigate the high risk associated with drilling activities and help attract commercial debt capital to finance the project The Board of Directors of the African Development Bank Group has approved a $10 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to… +

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In: Cover, Electricity, Renewable energies

The Bank’s support will contribute to an additional 2,162MW of installed renewable power generation capacity The Board of Directors of the African Development Bank Group (www.AfDB.org) approved an equity investment of $20 million in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about… +

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In: Cover, News, Renewable energies

(African Development Bank) The Board of Directors of the African Development Bank (AfDB) (https://www.AfDB.org/) has approved a grant of a grant of $2.5 million to the Mozambican government to develop renewable energy resources. The grant, from the Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/37jYAtS), administered by the Bank, will be… +

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In: Cover, Electricity, News, Renewable energies, Solar

WASHINGTON D.C., United States of America, October 13, 2022/APO Group/ —  Today — in Washington, D.C. — the CEO of the Saudi Fund for Development (SFD) (https://SFD.gov.sa), Mr. Sultan bin Abdulrahman Al-Marshad, and H.E Felix Moloua, the Minister of State in Charge of economy, Planning and International Corporation of the… +

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In: Cover, News, Senegal, Solar

Kowry Energy (https://KowryEnergy.com/), a sustainability-driven energy service provider focused on power provision across Sub-Saharan Africa, is proud to announce the successful commissioning of four decentralised solar energy systems in Senegal, Nigeria and Mali within 16months of the company’s incorporation. Kowry Energy provides efficient and affordable hybrid energy systems that strengthen… +

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Adesina commended the Japanese government and private sector for their strong support to Africa’s development TUNIS, Tunisia, August 29, 2022/APO Group/ —  Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank (www.AfDB.org) President Dr. Akinwumi Adesina… +

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In: Electricity, Institution, News, Solar

The Regional Off-Grid Electricity Access Project (ROGEAP) officially kicked-off activities this Tuesday, 26 July 2022 in Lome, Togo. The workshop was formally opened by the Chief of Staff to the Minister of State for Energy and Mines in the Office of the President of the Republic and was attended by… +