The African Development Bank (AfDB) has allocated Côte d’Ivoire two loans totaling €150 million to strengthen its electricity network. The first loan worth €100 million is for the construction of Atinkou’s combined cycle thermal power plant. The electricity generating unit with a capacity of 390 MW will be located in the locality of Taboth and […]
Nigeria has become the 77th shareholder in the European Bank for Reconstruction and Development. The Bank’s board of governors approved Nigeria’s membership after it amended its laws to expand incremental funding to Sub-Saharan Africa, the bank said in a statement. Through this membership, Nigeria hopes to benefit from EBRD funding, which is yet to be […]
Morocco is called upon to share its successful experience in renewable energies with African countries, said President of the African Development Bank (AfDB) Akinwumi Adesina, who is taking part in the AfDB annual meetings held in Sharm el-Sheikh, Egypt, this May 22-26. Morocco aimed high in capitalizing on renewable energy to develop its economy, said […]
