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The AfDB has approved a senior loan of R3 billion towards a solar-based power project, the 100MW Redstone concentrated solar power project.
AfDB and Masen recently signed a letter of intent endorsing their new cooperation under the Desert to Power programme.
“Africa contributes no more than 2-3% of greenhouse gas emissions, but suffers disproportionately from the negative impacts of climate change,” stated the President of African Development Bank (AfDB), Akinwumi A. Adesina. Adesina was speaking at...
While thanking the AfDB for financing developmennt projects in Tanzania, President John Pombe Magufuli also urged the bank to finance a 2,100MW hydroelectric plant at Stiegler’s Gorge.
The African Development Bank (AfDB) and the African Institute of Mathematics and Sciences (AIMS) have initiated a landmark relationship aimed at building an industry-led research institution in the league of the Massachusetts Institute of...