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African Development Bank

  • In the News

    World Bank, AfDB and IFC Back a $176 Million Fund to Power 30 Million Africans

    by Ikeoluwa Juliana Ogungbangbe June 19, 2026
    by Ikeoluwa Juliana Ogungbangbe June 19, 2026

    Inspired Evolution has launched Zafiri, a $176 million blended finance vehicle to expand electricity access across sub-Saharan Africa through distributed renewable energy.

  • In the News

    Africa Urged to Close Energy Access Gap as Kenya Rises as a Renewable Investment Hub

    by Ikeoluwa Juliana Ogungbangbe April 22, 2026
    by Ikeoluwa Juliana Ogungbangbe April 22, 2026

    Energy leaders meeting in Nairobi have called for urgent action to close Africa’s electricity gap, pointing to Kenya as the continent’s leading renewable energy model.

  • In the News

    SEFA Commences Hydropower Overhaul in Sudan, DRC

    by Adenike Adeodun December 20, 2023
    by Adenike Adeodun December 20, 2023

    SEFA boosts Africa’s hydropower with upgrades in Sudan, DRC, aiming to enhance energy reliability and reduce carbon emissions.

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Nigeria’s Oil Boom: Record Production in September 2023

NNPC, NUPRC Reforms Attract $20bn Gas Deals, Boost Oil Output
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Latest Stories

NNPC, NUPRC Reforms Attract $20bn Gas Deals, Boost Oil...
ExxonMobil FPSO Operations Get New Support Fleet as 16...
Johannesburg Clears $328m Eskom Debt, Averts Power Crisis

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