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What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?

By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More

African Development Bank approves $400 million to support Mozambique’s ambition to become global Liquefied Natural Gas (LNG) player

The African Development Bank Group has approved a long-term Senior Loan of $400 million to support the building of an integrated Liquefied Natural Gas (LNG) plant, including a liquifaction facility … Read More

The African Legal Support Facility receives 5 million euro from KfW

The African Legal Support Facility (ALSF) and the KfW Development Bank have signed a Memorandum of Understanding (MoU), which provides modalities for cooperation between them, including a € 5-million KfW … Read More

AfDB provides US $62 million to support Technical and Vocational Education in Kenya

The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support … Read More

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