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AfricanDevelopmentBank

Mauritania-Renewable-Energy-Investment

October 4, 2025 0

Mauritania signs $300 million Independent Power Producer (IPP) Deal for Hybrid Solar-wind Plant under Desert to Power Initiative

Mauritania’s first independent power producer contract with Iwa Green Energy for a $300M, 60MW hybrid solar-wind plant advances its renewable energy goals under the Desert to Power initiative, targeting 70% renewable generation by 2030.

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Gambia-Oil-Exploration

August 12, 2025 0

Energy Minister Confirms No Oil Found in The Gambia

The Gambia’s Minister Nani Juwara announced no commercially viable oil has been found despite extensive exploration by FAR/Petronas and BP, with $70 million in license revenue, as the government pushes for further drilling and new partnerships.

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Nigeria-2025-borrowing-plan

July 24, 2025 0

Nigeria’s Senate Approved a $21 Billion Foreign Loan to Fund the 2025-2026 Budget

Nigeria’s Senate approves President Tinubu’s $21 billion foreign borrowing plan for 2025 to fund infrastructure and address budget gaps, raising concerns about economic sustainability amid declining oil revenues and high inflation.

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Seychelles-African-Development-Bank-Chairmanship

June 17, 2025 0

Seychelles Leads the Eastern Africa Constituency of the AfDB

Seychelles takes the lead of the Eastern Africa group at the African Development Bank’s 60th Annual Meeting in Abidjan, with Ronald Cafrine as the new executive director, focusing on inclusive growth and sustainable development.

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Sidi-Ould-Tah-AfDB-Presidency-Campaign

May 8, 2025 0

Mauritania’s Candidate for AfDB President Presents His Vision

Sidi Ould Tah, a former Mauritanian Finance Minister, campaigns for AfDB presidency in Abidjan, promoting reforms, youth empowerment, climate action, and AI in development to strengthen Africa’s financial systems. Learn about his vision for the African Development Bank.

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