$135m to expand electricity access in Kenya

The African Development Bank (AfDB) has announced an investment worth $135 million (£101.25m) for an energy project. The money will fund the second phase of the expansion of the country’s distribution network which aims to provide electricity to 1.5 million homes and businesses. Kenya’s per capita electricity consumption is 130kWh per month and electricity consumption is projected […]

New deal to ensure universal access to energy in Africa

A new plan to ensure universal access to energy in Africa by 2025 has been launched. The African Development Bank (AfDB) will work alongside governments and the private sector to add 160GW of power capacity to the continent. ‘The New Deal on Energy for Africa’ announced at the World Economic Forum in Davos this week […]

$200m for green projects in Sub-Saharan Africa

A renewable energy fund in sub-Saharan Africa $200 million (£128m) worth of funding to develop renewable projects. The African Renewable Energy Fund (AREF) will support small to medium scale projects in the region. It has so far developed four green projects and additional pipeline of projects using the funding. They include small hydro, wind, geothermal, solar […]

$121m to improve electricity access in Uganda

An investment worth $121 million (£77.44m) will be used to improve electricity access in Uganda. The government will use the loan to expand power use in rural areas. Only 14% of Ugandans nationwide and 7% in rural areas have access to a reliable energy source, according to the African Development Bank (AfDB). The project includes the […]

€115m aid for ‘largest’ wind power project in Africa

Renewable energy generation in Kenya (pictured) is set to increase, thanks to a €115 million loan for a wind power project, believed to be the largest in Africa. The African Development Bank (AfDB) will provide the cash for the Lake Turkana Wind Power project, which will add 300MW to the nation’s power generation capacity. It […]