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solar panels in a field

Angola exploring green mini-grids with the help of AfDB

Green mini-grids for Angola could change the lives of millions if regulatory concerns were addressed to incentivise private sector participation.
water access

AfDB takes stock of water projects that have benefited 20m Africans

AfDB water projects have benefited 20 million people in rural and urban areas of Africa having gained access to clean drinking water for the first time.
Mozambique

AfDB concludes bid to co-finance construction Mozambique LNG

The AfDB has concluded its bid to co-finance the construction of Mozambique LNG Area 1 Project by signing a senior loan of $400 million for the project.
Medupi Power Project

AfDB approves Medupi monitoring report’s recommendations

The AfDB has approved the fourth monitoring report of the Independent Review Mechanism on Medupi Power Plant's updated Management Action Plan.Mechanism on the implementation of the Updated Management Action Plan for Medupi Power Project.

AfDB concludes $116m Nedbank SDG-linked bonds

The African Development Bank Group has concluded the investment of R2bn (around $116m) in Sustainable Development Goals-linked bonds issued by Nedbank South Africa.
renewables fund

AfDB exhibits strong capital adequacy, S&P Global affirms

Ratings agency S&P Global on Friday affirmed its 'AAA/A-1+' long- and short-term issuer credit assessment of the African Development Bank (AfDB) with a stable outlook.
policy frameworks

AfDB debars contractor for corrupt practices in Mauritius project

AfDB has debarred Burmeister & Wain Scandinavian Contractor for corrupt practices in a power generation project financed by the bank in Mauritius.
Juba

“City of darkness” no longer – AfDB supported electricity project lights...

The African Development Bank's $38 million Juba Power Distribution System Rehabilitation and Expansion Project is almost completed according to a release by...

AfDB: ‘Apply climate change lessons to COVID-19 pandemic’

Exclusive interview with Dr Anthony Nyong, the Director for Climate Change and Green Growth at the African Development Bank.

COVID-19 and climate change – AfDB

The Virtual African Utility Week and POWERGEN Africa takes place online all week with world-class speakers.
regional projects

AfDB debars Sinotec Company Ltd for fraudulent practices

The 36-month cross-debarment of Chinese-based Sinotec Company Limited relates to fraudulent practices for tenders in Rwanda, Uganda and Kenya.
regional projects

AfDB rebuts claims that it plans to provide financial support to...

The African Development Bank has become aware of an inaccurate news article stating that the institution plans to provide financial support to the East African Crude Oil Pipeline Project.

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