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Bank’s geothermal guarantee for Kenya will encourage private financing for renewable energy expansion

The African Development Bank (AfDB) has approved a $12.7 million partial risk guarantee (PRG) to “ease investor risk” for the initial phase of a major geothermal project in Kenya. 30 Oct 2014

New line of credit fuels ‘pipeline of infrastructure projects’ in East Africa

The African Development Bank Group (AfDB) has approved a $40 million 10-year line of credit for a series of projects including infrastructure and manufacturing in the East African Community countries of Kenya, Rwanda, Tanzania and Uganda.  29 Oct 2014

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