Africa - general
General: AfDB approves USD6 million grant to kickstart the Desert to Power initiative (ESI)
- The grant will enable the launch of the initial phase with funding going to members of the West African Power Pool (WAPP), allowing them to conduct pre-feasibility studies for the construction of the Sahel Transmission Backbone.
General: BlackRock secures USD250 million in capital raise for renewable projects in emerging markets (PV-Tech)
- The financing vehicle, called the Climate Finance Partnership, will finance projects across Asia, Latin America and Africa and will focus on areas such as grid-connected and/or distributed clean energy plants, energy efficiency, transmission or energy storage solutions and electrified transport.
General: The Sustainable Energy Fund for Africa’s annual report shows successful year (Engineering News)
- Fund manager AfDB approved seven high-impact projects worth USD54 million in 2020 and secured commitments worth USD90 million from existing and new donors.