The Green Climate Fund (GCF) has approved an investment of $150 million in to the African Development Bank Desert to Power G5 Financing Facility. The initiative is expected to lead to substantial CO2 emission reductions.
The Lesotho Highlands Water Project is to receive an $86.72 million loan from the African Development Bank. The loan will boost water security and socio-economic development in South Africa and Lesotho
The Ministry of Energy and Mineral Development recently handed over electricity connection accessories to Uganda’s main power distribution company, UMEME Limited for last-mile connectivity of 87,500 rural households to affordable electricity.
At the Ninth Climate Change and Development in Africa (CCDA-IX) conference, the Prime Minister of Cabo Verde, Ulisses Correia e Silva called on African leaders to present a united front and push for bold African solutions for global efforts to tackle climate change as they prepare for the 26th UN climate change conference (COP26).
The African Development Bank has reached financial close on financing agreements for a $20 million concessional investment from the Sustainable Energy Fund for Africa for the COVID-19 Off-Grid Recovery Platform.
Launched in 2017 by the Kenyan government, a review of the Last Mile Connectivity Project's impact in the remote village of Olosho-Oibor shows how instrumental this project has been in uplifting communities.