MAURITANIA: Over $289M in Financing to Develop Solar Power Generation, Transmission & Accelerate Energy Transition

Mauritania’s Minister of Economy and Sustainable Development, Abdessalam Mohamed Saleh, and the African Development Bank’s Deputy Managing Director for North Africa, Malinne Blomberg, signed, on Thursday in Nouakchott, financing agreements … Read More

Mozambique: AfDB’s Sustainable Energy Africa Fund for Africa Provides $2.5 Million to Increase Penetration of Renewable Energy

The Board of Directors of the African Development Bank (AfDB) has approved a grant of a grant of $2.5 million to the Mozambican government to develop renewable energy resources. The … Read More

BOTSWANA: AfDB’s SEFA to Provide $1 million in Support Energy Transition Regulatory & Policy Framework

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $1 million grant to facilitate Botswana’s transition to clean energy. The technical assistance project … Read More

MOROCCO: Africa’s first Super Energy Service Company Gets $965,000 Grant

The African Development Bank’s Sustainable Energy Fund for Africa (SEFA)  is providing a $965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), to support its transition into the first Super Energy … 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