Ethiopia: Sustainable Energy Fund for Africa provides $10 million grant to support Tulu Moye Geothermal Resource Development

The Board of Directors of the African Development Bank Group has approved a $10 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to support a geothermal drilling program that will add 50 megawatts of renewable energy to Ethiopia’s power system.

The African Development Bank, Korea-Africa Economic Cooperation Fund team up to bolster customs services in five Sahel countries

The African Development Bank, with the support of the Korea-Africa Economic Cooperation Fund (KOAFEC) brought together 40 customs officials from Burkina Faso, Mali, Niger and Chad for training to strengthen customs capacity. The training is intended to modernize and reform the sector.  

African Development Bank, World Bank launch Electricity Regulatory Index reports for Africa and the world

The African Development Bank and the World Bank have launched reports capturing the state of the power sector regulation in Africa and across the developing world.
The institutions held a virtual launch event on Thursday 8 December, attended by 240 government officials, regulatory entities, development finance institutions and...

African Economic Conference 2022 urges development community to “walk the talk” on innovative solutions to fight climate change

 The 2022 African Economic conference, held in Mauritius, brought together policymakers, climate experts, private sector representatives, academics, and youth to develop an action plan to guide Africa as it navigates the threat of climate change.