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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.
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.
The African Development Bank, through its Desert to Power initiative and a $6 million grant, is expected to transform the Sahel by tapping into the region’s abundant solar potential.
African women are still disproportionately affected by poverty and the COVID-19 pandemic is exacerbating gender equalities, according to new country gender profiles developed by the African Development Bank.
Two solar power initiatives are set to power up Chad, where as little as 6.4% of the population has access to reliable electricity.
The World Bank has allocated $385 million to help increase access to energy and enable regional power interconnection and trade between Cameroon and Chad.
The AfDB has pledged to deepen cooperation between his organisation and Chad, to help the central African nation meet critical development financing needs.
The African Development Bank (AfDB) has committed to spending $12 billion over four years (2016-2020) in 11 Sahel countries, in bids to improve energy development on the continent. The countries include Burkina Faso, Djibouti, Eritrea,...