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AfDB approves $20 million for solar off-grid projects in DRC
The African Development Bank (AfDB) has approved a $20 million grant to finance a solar off-grid electrification program in the Democratic Republic of Congo (DRC). According to Amadou Hott, AfDB Vice President in charge of Electricity, Energy, Climate Change and Green Growth, this innovative project will hopefully demonstrate the viability and interest of the private […]
AfDB: $115 billion capital increase
The African Development Bank Shareholders have approved a landmark $115 billion capital increase, doubling the bank’s capital base from $93 billion to $208 billion, and strengthening thus the Bank’s leadership on development financing for the continent. This largest capital increase in the Bank’s history was approved at an extraordinary shareholders’ meeting last week in in […]
COP28: African leaders to make their unified voice heard at UN climate summit
After a year of record temperatures, deadly floods and devastating wildfires, not least in Africa, the annual UN summit — the COP28 climate conference — opened in Dubai on Thursday (30 November), aiming to stave off climate catastrophe. Hosted by the oil-rich United Arab Emirates, the discussions at 28th edition of the Conference of the […]



