Abidjan, Ivory Coast//- The African Development Bank’s Board of Directors (www.AfDB.org) today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile.
Accra, Ghana//-A business and financial journalist, Kwabena Adu Koranteng, has advised the president, Nana Addo Dankwa Akufo-Addo, to instruct the Ministry of Finance to release more funds to the Energy ministry to expand the renewable energy projects under the ministry to enhance sustainable energy production in Ghana.
Adama, Ethiopia/ — Siemens Gamesa (www.SiemensGamesa.com) has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), strengthening its leadership in Africa as the country begins to expand its green energy capacity to meet ambitious renewable targets.
What kind of electricity makes sense in rural Africa to make the most of available budgets? GettyImages Jörg Peters, Leibniz Institute for Economic Research and Maximiliane Sievert, Leibniz Institute for Economic Research South Asia has made tremendous progress in connecting rural areas to the electricity grid but the number of people in Africa without access […]
Abu Dhabi, United Arab Emirates, 09 December 2020// – The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the continent’s energy transition through joint initiatives that support investments in low-carbon energy projects.
Abidjan, Ivory Coast, December 3, 2020/ — Although advantageous, local currency financing for off-grid renewables projects and businesses in Africa is still limited, according to a new report released by the African Development Bank.