AfDB bags $52.5m financing for 100MW of Zambian renewables

In:

Renewable energy

Region:

Middle East & Africa

The Green Climate Fund (GCF) will provide a $50 million loan and a $2.5 million grant to the African Development Bank (AfDB) to support 100MW of primarily solar projects in Zambia. The projects will make use of Zambia's feed-in tariff programme, which was launched in 2017 for projects up to 20MW in size. It is the first program that will be co-financed by the GCF and the AfDB.

View source

Allianz GI’s Nikolova: Ready, set, accelerate, DeFi and impact credit in 2025

Interview

17 January 2025

Allianz GI’s Nikolova: Ready, set, accelerate, DeFi and...

If 2024 was the year of development banks and institutional investors getting to know each other better, Nadia Nikolova, managing director, lead portfolio manager development...

Perspective

22 January 2025

Uzbek CCGTs: Efficiently gased

As Uzbekistan looks to meet growing gas demand while phasing out inefficient Soviet-era power facilities, a DFI/ECA-backed financing for the 1.6GW Surkhandarya CCGT project...

Must See

Video

14 March 2024

EDB’s cheatsheet for cross-border PPPs

Cross-border PPPs are complex and few in number - but potentially highly impactful. Evgeniy Vinokurov, chief economist at Eurasian Development Bank (EDB), discusses the findings from EDB’s 2023 report 'Cross-Border Public- Private Partnerships' and what makes for a successful cross-border PPP.

Interview

17 January 2025

Allianz GI’s Nikolova: Ready, set, accelerate, DeFi and impact credit in 2025

If 2024 was the year of development banks and institutional investors getting to know each other better, Nadia Nikolova, managing director, lead portfolio manager development finance and impact credit at Allianz Global Investors, hopes that DFI/MDBs and private finance will improve collaboration and mobilise more ‘catalytic’ capital in 2025. There are headwinds, so it's not an easy race.

Perspective

22 January 2025

Uzbek CCGTs: Efficiently gased

As Uzbekistan looks to meet growing gas demand while phasing out inefficient Soviet-era power facilities, a DFI/ECA-backed financing for the 1.6GW Surkhandarya CCGT project has provided a deal template to help realise both initiatives.