AfDB approves US$25 million equity investment in Africa Renewable Power Fund
The Board of Directors of the African Development Bank Group has approved an equity investment of up to US$25 million in ARCH Africa Renewable Power Fund (ARPF), a US$250 million private equity fund for renewable energy projects across Sub-Saharan Africa.
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Country news
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January 28, 2019
AFC commits US$200 million to hydropower project in Côte d’Ivoire
Africa Finance Corporation (AFC) has announced the financial close of a bridge loan facility contracted by Ivoire Hydro Energy (IHE) for the construction of the 44 MW Singrobo-Ahouaty hydropower project in Côte d’Ivoire.
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January 10, 2018
Burkina Faso, Mali and Ghana Ministers of Energy to join TOTAL, CI-GNL, RLSF, APUA, ANARÉ and WAGPA at the Regional Energy Co-operation Summit in Côte d’Ivoire this January
With confirmed participation of H.E Honourable Malick Alhousseini, H.E Honourable Professor Alfa Oumar Dissa, Ghana’s Ministry of Energy, Autorité Nationale de Régulation du Secteur de l'Electricité (Anaré), TOTAL, CI-GNL, Regional Liquidity Support Facility (RLSF) and West Africa Gas Pipeline Authority Company (WAGPA), the fast approaching Regional Energy Co-operation Summit 2018 will establish the roadmap for sustainable electricity trade in ECOWAS’ booming gas and energy markets.
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December 20, 2017
Emerging Africa Infrastructure Fund secures US$100 million loan from AfDB
In a bid to reduce the huge infrastructure financing gap in Sub-Saharan Africa, the African Development Bank has approved US$100 million to The Emerging Africa Infrastructure Fund (EAIF), a public private partnership company.
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December 13, 2017
Energy Summit in Abidjan to explore West Africa’s gas and energy markets
EnergyNet will host the second Regional Energy Co-operation Summit in Côte d’Ivoire from 24-25 January 2018 - a strategic platform for project evolution and partnership development. The conference will discuss opportunities for cross-border power projects and potential gas investments across West Africa.
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December 12, 2017
AfDB announces over US$300 million for renewables in Morocco and Côte d’Ivoire
The African Development Bank (AfDB) has announced that it has approved a loan of US$265 million to support 800 MW of solar projects in Morocco, and will also lend approximately $US59 million to the 44 MW Singrobo-Ahouaty hydropower project in Côte d’Ivoire.
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