News & Updates

Why are 600 million Africans still without power?

(CNN)Across 36 African countries, just 2 in 5 people have access to a reliable supply of energy throughout the day, according to a new...

Finance: Fitch sees Brazil, Middle East/Africa region vulnerable to 2016 downgrades

Emerging markets face another wave of ratings downgrades next year, with Brazil at risk of a cut to junk and the Africa/Middle East...

AfDB willing to arrange Kenya oil pipeline financing

The African Development Bank (AfDB) is ready to act as a lead arranger for financing of Kenya's planned oil pipeline to move crude from...

WHO downgrades Ebola health risk

Ebola is no longer an "extraordinary health event" and the risk of the virus spreading is low, the World Health Organization says. It...

US pulls $472m of funding for Tanzanian project

A US government aid agency has pulled $472m (£331m) of funding for a Tanzanian electricity project after criticising elections in...

Power Africa

Power Africa employs a transaction-centered approach to directly address the constraints to project development and investment in...

Africa's "New Deal" on Power

The African Development Bank (AfDB) is hosting a High Level Stakeholder Consultative Meeting on the theme “Towards a New Deal on Energy...

OPIC Opens office in Cote d'Ivoire

WASHINGTON – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, this month...