TAG: " African Development Bank"

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ACWA Power Secures Financing for 1,100 MW Wind Power Project in Egypt

ACWA Power has finalised financing for a 1,100 MW wind plant in Suez Governorate, Egypt, valued at SAR 4.13 billion. The project, in which ACWA Power holds a 70 percent stake, will be funded by global financial institutions, including EBRD, AFDB, and APICORP, over 20 years.

African Development Bank | December 31, 2024 | By EI News Network | 1110

AMEA Power Reaches Financial Close on 120MW Solar Power Plant in Tunisia

When commissioned, the USD 86 million project, will be the company’s first operational asset in the country.<br />

African Development Bank | September 29, 2023 | By News Bureau | 1338

Africa50 and ISA Sign MoU to Source and Finance Solar Projects across Africa

The partnership advances mutual goal of increasing the deployment of solar, to improve energy access, ensure energy security, and drive the energy transition around the world.

African Development Bank | July 06, 2023 | By Anurima Mondal | 1528

PGCIL Signs JDA with Africa50 to Develop Africa’s 1st Transmission PPP Project in Kenya

State-owned electric transmission utility company Power Grid Corporation of India Ltd (Powergrid/PGCIL) has signed a Joint Development Agreement (JDA) with Africa50, an African infrastructure investment platform, to continue to develop the Kenya Transmission Project.

African Development Bank | January 14, 2022 | By Manu Tayal | 2973