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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.

Latest Stories

  • Ebenco Refinery gets approval to introduce hydrocarbons as 30,000bpd plant nears commissioning
  • Oil heads for weekly gain as Middle East ship attacks keep Brent above $105
  • ALNAFT offers seven onshore blocks to investors at African Energy Week in Cape Town
  • TotalEnergies Backs Nigeria’s Energy Growth With New Gas Projects
  • Eskom Prepares to End 103-year Electricity Monopoly

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Ebenco Refinery gets approval to introduce hydrocarbons as 30,000bpd plant nears commissioning
Oil heads for weekly gain as Middle East ship attacks keep Brent above $105

Latest Stories

Ebenco Refinery gets approval to introduce hydrocarbons as 30,000bpd...
Oil heads for weekly gain as Middle East ship...
ALNAFT offers seven onshore blocks to investors at African...

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