African Development Bank offers local-currency credit to Nigeria’s clean power developers
Lack of locally-denominated finance, and of sufficiently long-term loans, are well established hurdles to the development of photovoltaics in Africa.
Bangladesh launches first green bond
With the World Bank celebrating the success of a solar home system installation program which has provided electricity to an estimated 20 million people, an NGO has floated a near-$12 million environmental investment which could drive further PV capacity.
Mini grids grant could drive 80 MW of new capacity in Africa
A new fund established by the African Development Bank could attract $650 million of private money into the sector, according to the lender.
