AFDB allocates N766.7bn to Nigeria’s electricity sector
Battery storage is central to unlocking the full potential of our renewable energy resources and delivering stable, reliable power across the continent.
Tag: African Development Bank
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African Development Bank elects Sidi Ould Tah as new president, effective 1 September 2025
Sidi Ould Tah of Mauritania has been elected president of the African Development Bank Group.
Senegal’s emblematic 130 MW Malicounda power project now fully operational
The Malicounda power plant comprises seven 18V50 engines and a steam turbine, combining the advantages of a simple-cycle operation with the high efficiency of a combined cycle plant.
Africa Energy Indaba: Accelerating energy infrastructure development in Africa
The upcoming Africa Energy Indaba is set to empower attendees with insights to leverage significant opportunities that will ultimately accelerate Africa’s energy infrastructure, subsequently transforming the continent into a competitive, industrialised global player.
TCN delivers 22 power transformers, other transmission equipment to its Ojo Store
A large number of the equipment still in the store was recently inspected by members of the Governing Board of TCN and Management. The massive and unprecedented stockpile of various kinds of transmission equipment presently are gradually being moved to project sites for maintenance, new projects and upgrading of existing transmission lines and substation.
Solar Nigeria: The power of the sun – and a champion Damilola Ogunbiyi
Five million Nigerians and counting; millions of small businesses switching off dirty generators; industry, schools, universities and health clinics with stable power – all because they finally have access to affordable, reliable off-grid solar energy. And will continue to, because commercial suppliers and investors have built a long-term market, proving the case for off-grid solar that the government now actively supports.
AFC will pioneer early-stage funding of Nigeria’s mining projects —Osam Iyahen
Osam Iyahen is a Director at Africa Finance Corporation (AFC), a leading investment grade infrastructure solutions provider, created by sovereign African states to provide pragmatic solutions to Africa’s Infrastructure deficit and challenging operating environment, by developing and financing infrastructure, natural resources, and industrial assets, for enhanced productivity and economic growth of African States. He is…