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Solar PV
Africa is undergoing a major change in the way it produces and uses energy, with clean power now emerging as a stronger driver of growth than fossil fuels. New market data shows that private sector investment in clean energy across the continent has…
Renewable Energy
The African Development Bank Group, through the African Green Banks Initiative and the Multilateral Cooperation Center for Development Finance, launched on 28 January a $1 million technical assistance program for Crédit Agricole du Maroc Group (GCAM…
Solar Pump Irrigation
JIVO Energy has completed the solarization of five water pumping systems used for irrigation in northern Senegal, marking an important step toward sustainable agriculture in the region. The project involved installing solar PV systems on existing…
AfDB–AFD meeting
The African Development Bank Group and Agence Française de Développement (AFD) have held discussions on scaling up joint investment and aligning more closely on Africa’s development priorities. Senior leaders of the two institutions met in Abidjan…
LNG
The Board of Directors of the African Development Bank  approved on 14 January a $150 million senior loan to support the development of the Coral North Floating Liquefied Natural Gas Project, a transformative energy infrastructure initiative located…
Solar PV
The Indian Renewable Energy Development Agency Limited (IREDA) made a significant stride in global renewable energy finance by announcing its first international loan through its wholly owned subsidiary, IREDA Global Green Energy Finance IFSC…
Geothermal
The Board of Directors of the African Development Bank Group has approved a loan of $16.5 million to support the development of the 35 MW OrPower Twenty-Two (OTTL) Geothermal Power Plant last November, a flagship renewable energy project that will…
Renewable Energy
As 2025 closed, Uganda’s energy and extractives sector reached a pivotal moment, driven by accelerated infrastructure delivery, regulatory reform, and a strategic push to convert natural resource potential into economic growth. The Ministry of…
Solar & Storage
Cornex New Energy Co., Ltd., a subsidiary of China’s GCL Group, has announced major investments in Egypt’s renewable energy manufacturing sector. Together with Egypt-based Kemet Industries Group, the companies plan to invest a total of USD 700…