Investing in grids to power the energy transition

The power grid is the backbone of Europe’s transition to clean energy. With electricity set to become the main energy carrier, European countries need to ensure that their infrastructure is ready for the rapid uptake of renewables and new energy demand. However, the current grid structure struggles to adequately support renewable energy. Much needs to be done to effectively integrate renewable sources such as solar and wind, which are intermittent and decentralised.

African Development Bank debars Beza Consulting Engineers PLC and Mr Gidey Gebrezgabher Gebremariam for 15 months for fraudulent practices

The African Development Bank Group, on 31 August 2023, announced a 15-month debarment of Beza Consulting Engineers PLC and Mr Gidey Gebrezgabher Gebremariam, effective from 21 August 2023. Beza Consulting Engineers PLC is a consulting firm registered under the laws of Ethiopia.

International Energy Agency, African Development Bank to Launch Joint Report on Financing Clean Energy in Africa at Africa Climate Summit

What:      Launch of the IEA-AfDB Joint Report on Financing Clean Energy in Africa
Who:       International Energy Agency and African Development Bank
Where:    Room SE5, the Kenyatta International Convention Centre, Nairobi, Kenya.
When:     8:00 – 9:00 am East Africa Time, 6 September 2023