Sunday, June 16, 2024
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ADF approves $5.5 million grant to fund phase two of flagship Desert to Power energy project

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The Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the roll-out of the flagship Desert to Power initiative in the Eastern Sahel region countries of Djibouti, Eritrea, Ethiopia and Sudan.
Known as the East Africa Regional Energy Project, it will be financed through the ADF-15 Regional Public Good window of the African Development Fund, the concessional arm of the African Development Bank Group. The project will develop technical studies for regional solar parks and associated battery storage near regional energy interconnectors, high-voltage cables that connect the electricity systems of neighboring countries. The initiative will also strengthen the technical capacity of the implementing agency, the Intergovernmental Authority on Development (IGAD), a trade bloc that includes governments from the Horn of Africa, Nile Valley and the Great Lakes region.

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