Senegal
€8.5M AfDB Loan to Support Efficient Lighting in Senegal
The loan will help fund energy-efficient lighting for consumers in Senegal’s Dakar, Thiès and Diourbel regions.
News
Read the latest Archives of oil, gas and energy news.
Tunisia
AfDB Approves €80M Loan to Upgrade Road Infrastructure in Tunisia
The funds will support upgrades to 188.9km of classified roads in seven governorates in the country.
Mauritania
AfDB Announces $150M Loan to Boost Mauritanian Mining
Pan-African finance institution the African Development Bank (AfDB) has granted Mauritania’s national mining corporation Société Nationale Industrielle et Minière (SNIM) a $150 million senior loan facility. The funds will be
South Africa
AfDB Approves Financial Facilities for South Africa’s Standard Bank
The two financial facilities will support economic development and SMEs in Africa.
Eswatini
Eswatini: AfDB Approves $140M for Road Infrastructure Upgrades
The funding will help create employment opportunities in the farming regions of Lubombo and Shiselweni.
The Democratic Republic of the Congo
AfDB to Lead Funding for DRC Mini-Grids Project
The African Development Bank will lead efforts to raise $145 million for the Moyi Power Metro-Grids project, bringing solar-powered electricity to over one million people in the DRC.
Angola
AfDB Approves $162M Loan to Diversify Angolan Economy
Angola’s economy relies strongly on oil revenues.
Egypt
Egypt’s Largest Wind Project Secures $170M AfDB Loan
ACWA Power is developing the Suez Wind Energy Project in Egypt under a Build, Own, Operate model, leveraging funding approved by the AfDB.
Libya
AfDB, Libya Ink $1M Financial Management Deal
The $1 million project will focus on digitizing Libya’s financial management systems, enhancing transparency and fostering private sector growth through targeted reforms.
AfDB Launches $56M Facility to Bridge Africa’s Climate Finance Gap
The African Development Bank has launched a Climate Action Window at COP29 to support climate projects across 37 low-income African nations, focusing on adaptation, mitigation and technical assistance.
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