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company wins preferred bidder status

Power market in Nigeria draw attention to renewables under-investment

The team lead for SUNREF Nigeria, Javier Betancourt, explained that the renewable sector has so far remained forgotten by financiers but becoming a more important subject matter, saying that this is why banks are becoming more involved in the sector.

Off-grid solar access solutions for Africa identified in report

A new European Investment Bank and International Solar Alliance study outlines key affordability and investment issues holding back off-grid solar investment. The analysis identifies solutions to transform clean energy and how these could potentially unlock energy access for 120 million households.
AFD Eskom

AFD and Eskom commit to a competitive electricity sector

Agence Française de Développement (AFD) and Eskom today signed a Memorandum of Understanding to further affirm their commitment to the promotion and development of a competitive electricity sector. In the last 14 years, AFD...

Mozambique launches the construction of second solar power plant

President Filipe Nyusi has officially launched the construction works of Mozambique’s second solar power plant.
Kenya Kisumu water and sanitation

Kenya: Water and sanitation access around Lake Victoria to be upgraded

The third largest city in Kenya, Kisumu, is about to get an $82million (€70 million) upgrade to its water and sanitation systems.
African Development Fund

Donors commit $7.6bn to the African Development Fund

Thanking donors of the African Development Fund, AfDB's President said: "What a great and successful replenishment story that is."
power transmission grid

Eskom receives extra loan to strengthen its power transmission grid

Eskom has signed a R1,5 billion loan agreement with AFD to support the utility’s investments in strengthening its power transmission grid.

New initiative to mitigate risk for global solar deployment

The World Bank and AFD are developing a joint Global Solar Risk Mitigation Initiative, an integrated approach to tackle policy, technical and financial issues associated with scaling up solar energy deployment.

AFD supports Ethiopia’s Tendaho geothermal project

The French Development Agency (AFD) has approved a €8 million ($9 million) grant that will be directed towards the development of the Tendaho geothermal project. It is funded by the European Union, through the European...