afdb

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AfDB Approves $27 Million for the Development of a 200 MW Solar Project in Egypt

The African Development Bank (AfDB) has approved a loan of $27.2 million for the design, construction, and operation of a 200 MW solar project at Kom Ombo in Egypt. The...

March 8, 2021

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Rakesh Ranjan

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Finance and M&A

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Solar
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Project Finance Brief: Adapture Renewables Acquires an 81 MW Solar Project from Q CELLS

From: Mercom Capital Group The African Development Bank (AfDB)’s board of directors has approved $27.2 million in loan financing for the design, construction, and...

March 8, 2021

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Staff

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Other

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Renewable Energy
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Engineering Services Tender Announced for a 32 MW Solar Project in Africa’s Chad

The Private Infrastructure Development Group (PIDG) has floated a request for proposal (RfP) for the selection of owner’s engineer contract for a 32 MW solar power...

July 24, 2020

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Solar Installations Helping Nigerian Health Centers Fight COVID-19 Outbreak

All On, an independent impact investment company, has announced the completion of the first phase of nationwide solar installations at emergency health facilities...

June 17, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar
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AfDB-Managed SEFA Grants $760,000 to Set Up Renewable Projects in Africa

The Sustainable Energy Fund for Africa (SEFA), which is managed by the African Development Bank (AfDB), has approved a grant of $760,000 (₹57.61 million) to Empower New...

April 22, 2020

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Anjana Parikh

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Finance and M&A

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Other
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AfDB Approves $830,000 to Set Up Green Mini-Grids in the Republic of Guinea

The African Development Bank (AfDB) announced that it had approved a grant of $830,000 (~₹62.95 million) to the Guinean Agency for Rural Electrification (AGER) to help...

April 13, 2020

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Nithin Thomas

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Grid

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Market & Policy
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AfDB and Others Pledge $160 Million for Improving Energy Access in Africa

To improve energy access in Africa by using small scale renewable projects and mini-grid projects, the African Development Bank (AfDB), the European Commission, KfW, the...

March 31, 2020

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Rakesh Ranjan

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Finance and M&A

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Other
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AfDB Sponsored Off-Grid Energy Access Fund Successfully Raises $59 Million

The African Development Bank (AfDB) recently announced that the Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) reached its final equity close...

January 29, 2020

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Nithin Thomas

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Finance and M&A

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Other
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Scatec Solar Bags 360 MW of Solar Power Projects in Tunisia

Scatec Solar, a Norwegian company, has been awarded 360 MW of solar power projects in Tunisia. The company has been awarded the three projects following a tender floated...

December 19, 2019

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Rakesh Ranjan

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Solar

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Utility Scale
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Green Climate Fund and AfDB to Provide $154 Million for Renewable Financing in Zambia

The Green Climate Fund (GCF) and the African Development Fund (AfDB) have joined hands to support a $154 million renewable financing framework in the southern African...

December 11, 2019

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Rakesh Ranjan

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Finance and M&A

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Other
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AfDB Approves Multinational Financing Program for 45 MW of Distributed Solar Projects

The Board of Directors of the African Development Bank (AfDB) has approved a multinational financing program for distributed energy service companies (DESCOs). The...

July 19, 2019

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Saumy Prateek

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Off-grid

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Solar
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South Africa’s Kingdom of Eswatini Seeks Developers for 40 MW of Solar Projects

The Kingdom of Eswatini in southern Africa has issued a request for qualification (RfQ) for 40 MW of ground-mounted solar projects. The tender has been floated by the...

June 13, 2019

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Soumik Dutta

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Solar

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Utility Scale
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African Development Bank to Provide $995,000 to Support Ethiopia’s Renewable Sector

Ethiopia’s quest to roll out a sustainable procurement framework for independent power producers has received a boost in the form of a grant of $995,000 made by the...

May 28, 2019

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Saumy Prateek

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Finance and M&A

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Other
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African Development Bank Approves $18 Million Loan for a 50 MW Solar Project in Kenya

The African Development Bank (AfDB) has approved a senior loan of $18.17 million for the development of 50 MW Kopere solar power project in Nandi County, Kenya. The...

December 6, 2018

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Nitin Kabeer

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Finance and M&A

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Solar
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African Development Bank Approves $220 Million Loan for a Solar Project in South Africa

The African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion (~$220.3 million) to the 100 MW Redstone concentrated solar power project. The project is...

December 4, 2018

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Nitin Kabeer

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Markets & Policy

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Solar

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