The African Development Bank (AfDB) Group has approved a €100 million loan to Gotion Power Morocco for the development of an integrated cathode-to-cell lithium iron phosphate (LFP) battery factory. The facility will be located in […]
The African Development Bank (AfDB) Group has approved a financing package of up to $110 million for the Aysha wind project in Ethiopia. The financing comprises $80 million from the ADB window, $20 million from […]
The African Development Bank Group (AfDB) has approved a financing package for the first phase of the 500 MW Dandara solar project with a 100 MWh battery energy storage system (BESS). The project is located […]
The African Development Bank Group (AfDB) has approved a $5.65 million reimbursable grant from the Sustainable Energy Fund for Africa to pilot the Peace Renewable Energy Certificate (P-REC) Aggregation Facility. The initiative will use renewable […]
COP 28 Finance Day unlocked significant progress on international financial architecture reform to support low-income and vulnerable countries to fight climate change. Major international financial institutions and countries made new commitments to offer climate-resilient debt […]
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