September 2010 Blog Posts (5)

IFC Estimates it can Help Mobilize an Initial $100 million in Kenya’s Sustainable Energy Market

IFC, a member of the World Bank Group, said today it can help mobilize an estimated $100 million for sustainable energy projects in Kenya over the next five years, representing a significant opportunity for the private sector to support initiatives that will increase access to electricity while reducing carbon emissions.

IFC’s Climate Change Investment Program in Africa (CIPA) is providing advisory services and investments to financial institutions in Kenya, helping them build a… Continue

Added by Linda Larbie on September 27, 2010 at 3:48pm — No Comments

Rwanda Implements UN-Supported Climate Adaptation Plan: Relocating Communities from High-Risk Zones

Once home to populations of Chimpanzees and Golden Monkeys, the sloping terrain of Rwanda's Gishwati Forest has in recent decades suffered severe environmental degradation - made worse by extreme weather events.

Land slides, floods and torrential rain have claimed lives, demolished human settlements, and destroyed thousands of hectares of forest and farm land. A United Nations-led project and a generous funding allocation from the Government are bringing hope to the… Continue

Added by Linda Larbie on September 20, 2010 at 4:38pm — No Comments

AfDB Approves USD 47.70 Million for Electricity Supply to 423 localities in Cameroon

The Board of Directors of the African Development Fund (ADF), the concessional arm of the African Development Bank (AfDB) Group, approved UA* 31.64 million (equivalent to USD 47.70 million) for the strengthening and extension of electricity networks to 423 localities in Cameroon.

The total project cost is estimated at UA 58.99 million (USD 80.07 million).

The implementation of this project will enhance the existing network’s technical performance and will extend… Continue

Added by Linda Larbie on September 17, 2010 at 5:28pm — No Comments

World Energy Congress: AfDB President Kaberuka to Stress Access to Energy as Key to Africa’s Development

Participating at World Energy Congress (WEC), in Montréal, Canada, from 12-16 September 2010, the African Development Bank (AfDB) President, Donald Kaberuka, will underscore the importance for Africa to substantially increase its access to energy; make room for the private sector; and tackle the issue of climate change by tapping its vast renewable energy potential.

“Access to energy is closely linked to poverty reduction, says Mr Kaberuka. Furthermore, he says, insufficient energy… Continue

Added by Linda Larbie on September 14, 2010 at 2:57pm — No Comments

Wishing you & your family Eid Mubarak - Happy Eid-ul-Fitr

Greetings! Muslim brothers & sisters! May the choicest blessings of Allah fill your life with peace, prosperity, happiness and good health. Happy Eid ul-Fitr!

Added by Abdul Mannan Barbhuiya on September 9, 2010 at 12:14am — No Comments

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