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Uganda: African Development Bank grants $500,000 for capacity development of MSMEs Within the Petroleum Sector

The African Development Bank  and the Government of Uganda have signed a $500,000 grant agreement for financing of Micro, Small and Medium Enterprises (MSMEs) to boost business linkages on the … Read More

Are African Development Bank (AfDB)’s financing policies climate-friendly?

(By Wangeci Migwi, Amy Giliam and Nicole Rodel) With the climate crisis threatening over half of the global GDP, there can be no business-as-usual when the world begins to plan … Read More

South Sudan Investing Oil Proceeds into Productive Sectors such as Agriculture and Infrastructure

The government of the Republic of South Sudan is working hard to transform the country and the lives of its people. This year was particularly tough on the east African … Read More

Energy Transition Plays Role in Driving FIDs Across Africa

Hosted by Africa Oil & Power and the African Energy Chamber, the ‘Closing Deals: Advancing FID During COVID-19’ webinar addressed the prioritization of energy projects in an environment of limited … Read More

African Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia’s energy mix

The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund CTF), one of two funds within the Climate Investment Funds (CIF), to extend … Read More

AfDB approves $100M to seed the establishment of $500M Facility for Energy Inclusion

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising USD 50 million equity and USD 50 million convertible senior … Read More

LAPSSET CEO to deliver update on East Africa’s largest infrastructure project at EAOGS 2016

In the upcoming East Africa Oil & Gas Summit (EAOGS), the region’s largest oil and gas conference and exhibition, Mr. Silvester Kasuku, Director General and CEO of Lapsset Corridor Development … Read More

AfDB affirms commitment to funding Menengai Geothermal Project

The African Development Bank (AfDB) has reaffirmed its commitment to supporting the Menengai Geothermal Project during a tour of the project by the AfDB Vice President and Special Envoy on … Read More

Mozambique to lure investors at the 4th Annual Powering Africa forum set for May

Mozambique will host the 4th Annual Powering Africa forum in Maputo from the 7th-8th May 2015  where participants will be given the opportunity to connect with over 150 senior participants including power … Read More