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USTDA, AfDB expand procurement partnerships in Africa

The African Development Bank has signed a Memorandum of Understanding (MoU) with the US Trade and Development Agency (USTDA) to partner under USTDA’s Global Procurement...

AfDB to show investment opportunities at African Utility Week

[img:Tas%20Anvaripour.thumbnail.JPG|Neside Tas
Anvaripour, AfDBs
]17 April 2012 - South Africa has been a model for good investment environment in the region, says the African Development Bank’s (AfDBs) Neside Tas Anvaripour, head of infrastructure finance in the private sector department. “Over the past decade, South Africa has shown political stability and a consistent regulatory environment and the size and strength of the country’s capital markets and the Johannesburg Stock Exchange is a testament to that. While the investment environment in Africa continues to improve, South Africa, as well as Namibia, Cape Verde, Mauritius, Tanzania, Tunisia, Ghana, amongst others, stand out as gateways into the continent,” she says.  

AfDB approves $149m credit risk participation

The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, have approved a credit risk...

AfDB appoints Aissa Touré as country manager in Rwanda

An economist and development expert, Aissa Tourà, the Country Manager designated for Rwanda, a Senegalese national, brings to the Bank over 25 years of experience, working in three continents and 12 countries for 5 international organizations.

AfDB: Shareholder support drives Fitch AAA Rating

The Fitch rating, of the African Development Bank, is affirmed as AAA, with a stable outlook, on improved assessments, qualifications and estimates.

UN, AfDB drive UN international water management body

The African Development Bank and the United Nations Water Convention have agreed to jointly encourage African countries to join the UN water management organisation.

Kenya scores on wind energy front with help from AfDB

Africa’s largest wind farm is a €620 million energy masterpiece boasting 365 turbines in northern Kenya, and is expected to reduce power shortages by 12.5%.

Tanzania: AfDB aided project improves access to water and sanitation

The Zanzibar Urban Water Supply and Sanitation Project has provided water and sanitation services to around 287,000 people.

Notable progress for wind energy in SA

By Antonio Ruffini, Editor, ESI Africa

South Africa has 16 wind energy projects that have been given the go-ahead or are under construction, ranging in size from 20.6 MW to 138 MW and totalling 1,296.5 MW of generation capacity.

South Africa’s wind energy projects include Eskom’s 100 MW Sere wind farm, eight projects that got their go-ahead in the first round of South Africa’s renewable energy independent power producer programme (REIPPP) and are currently under construction; and the seven round two projects that achieved financial closure in May 2013. This is a notable achievement, considering that only three years ago South Africa’s wind sector could lay claim only to the 5.2 MW Darling wind farm in the Western Cape and Eskom’s pilot 3.2 MW Klipheuwel project, neither particularly representative of what the modern wind power sector is capable of.

AfDB grants SA utility $217.9m for expansion programme

The African Development Bank has approved a $217.9 million loan to South Africa’s power utility Eskom Holdings, towards the upgrade and expansion of its...

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

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

Malawi: The AfDB approves $15m grant for water supply and sanitation project

The African Development Bank Group has approved a $15 million grant from the ADF for a water supply and sanitation project in Malawi.

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