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Senegal and Kenya Top African Development Bank's Electricity Regulatory Index, as Regulators Drive Tangible Reforms

Kenya, June 20 -- Kenya and Senegal have claimed the top spots in the African Development Bank's 2024 Electricity Regulatory Index (ERI), demonstrating exceptional progress in power sector governance ... Read More


SEFA and Partners Pioneer New Financing Model with $26.5 M package for 32MW Ilute Solar Project

Zambia, June 20 -- The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has committed to contribute $8 million toward a $26.5 million financing package to support th... Read More


EIB backs new military base in Lithuania with €540 million loan

Lithuania, June 20 -- The European Investment Bank (EIB) plans to lend €540 million for Lithuania to build a military base south of the capital Vilnius, highlighting Europe's collective commitme... Read More


Major water and sanitation project in Tanzania completed with support from team Europe

Tanzania, June 20 -- The Butimba water treatment plant, which is part of a completed €150 million Lake Victoria Water and Sanitation (LVWATSAN) project to extend and upgrade the water supply and... Read More


EBRD President to visit Kazakhstan

Kazakhstan, June 20 -- The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, will visit Kazakhstan on 23 and 24 June 2025 for meetings with senior governmen... Read More


EBRD Vice President to visit Turkiye

Turkey, June 20 -- Matteo Patrone, Vice President for Banking at the European Bank for Reconstruction and Development (EBRD), is set to visit Turkiye from 22 to 26 June, with scheduled stops in Gazian... Read More


EBRD promotes sustainable mining in Morocco

Morocco, June 20 -- The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to US$ 25 million to Aya Gold & Silver Inc to support the company's exploration programme at t... Read More


EBRD provides €300 million first sustainability-linked loan to ONEE in Morocco

Morocco, June 20 -- The European Bank for Reconstruction and Development (EBRD) and Morocco's Office National de l'Electricite et de l'Eau potable (ONEE) have signed a €300 million loan agreemen... Read More


World Bank to Scale-Up Regional Energy Integration in ASEAN

United States, June 20 -- The World Bank approved an additional $7.7 million grant from the International Development Association (IDA) for the ASEAN Centre for Energy (ACE) for ASEAN Power Grid proje... Read More


KfW IPEX-Bank - Financing for two wind turbine installation vessels for Cadeler

Germany, June 20 -- As part of a consortium of commercial banks, KfW IPEX-Bank has provided financing for two wind turbine installation vessels (WTIV). KfW IPEX-Bank's share of the total financing of ... Read More