AfrElec - Africa Power Monitor
AfDB to fund Gabon hydro project to the tune of €39mn
The board of directors of the African Development Bank Group (AfDB) have approved a €39mn loan package for the construction of the Kinguélé Aval hydroelectric project in Gabon.
UN Security Council set to vote on Africa’s GERD dispute
Tunisia has tabled a five-point draft resolution to the UN Security Council that calls for Ethiopia to end the second filling of the reservoir at the Grand Ethiopian Renaissance Dam (GERD).
AfDB approves $6mn grant to boost West Africa’s Desert-to-Power programme
The African Development Bank has approved a $6mn grant to launch the initial phase of the Desert-to-Power West Africa Regional Energy Programme.
InfraCo Africa, RVE.SOL to build 22 solar mini-grids in Kenya
InfraCo Africa is to invest $4.2mn in Kenya solar developer Rural Village Energy Solutions’ (RVE.SOL) plans to develop 22 solar mini-grids as part of wider efforts to boost rural electrification.
REM: BlackRock raises $250mn to fund climate transition in emerging markets
BlackRock has raised $250mn from a consortium of ten institutional investors, governments and charities for its flagship blended finance fund, which aims to help emerging market economies reduce carbon emissions.
AFRELEC: AfDB approves $83.6mn grant for Ethiopia-Djibouti power link
The African Development Bank (AfDB) has approved two grants worth $83.6mn to boost cross-border trade in electricity between Ethiopia and Djibouti and to deepen integration in the Horn of Africa sub-region.
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