African Business News

AfDB approves US$121mn loan and grant to improve Uganda’s electricity access

The African Development Bank (AfDB) has approved a US$121mn loan and grant to assist the government in improving electricity access for businesses and in rural households

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Kenya: Garden City Tenants to Benefit From Largest Solar Carport System in Africa

Africa's largest solar carport was unveiled by Principal Secretary Eng. Joseph K Njoroge today at an opening event at Garden City Mall. The solar electricity it generates is being used by the retail tenants to power facilities such as the lights and escalators in the Mall.

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‘Gas-fired power generation could add US$12bn to South African GDP’

South Africa could tap into its natural gas reserves to expand its energy mix and support growth across the economy, recommended McKinsey Global Institute

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AfDB Puts Energy On the Front Burner of Africa's Development

The African Development Bank (AfDB) has placed energy squarely on the front burner of its development agenda, for a continent on which some 645 million, more than half of the population, do not have access to reliable electricity. Africa's "energy poverty" is a paradox, given that the continent is blessed with vast raw energy resources. A two-day debate on the subject ended in Abidjan today.

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