Bantu Gazette
No Result
View All Result
  • Finance

    Afreximbank Launches $3 Billion Program to Boost Intra-African Oil Trade

    Egypt, France, EU sign nine financing, grant agreements worth €262 million

    First African Trade Center in Barbados to Boost Africa-Caribbean Ties

    Ethiopia Plans to Build Africa’s Largest Airport

  • Politics & Economy

    Nigeria Becomes Member of Asian Infrastructure Investment Bank

    ‘Without Infrastructure, There’s No African Continental Free Trade Area’

    Tanzania’s Foreign Currency Ban Sparks Debate, Offers Lessons for Africa

    African Union Urges Responsible AI Use to Safeguard Press Freedom

  • Technology

    Ethiopia Unifies Government Services Through Advanced Digital Technology

    Rwanda, Gates Foundation Launch New AI Scaling Hub to Drive Innovation

    Africa’s Innovation Potential Takes Center Stage at Kigali AI Summit

    Le Bénin lance un système numérique pour sécuriser le transport routier de marchandises

  • Energy

    Ghana’s Energy Sector Remains Country’s Biggest Economic Risk, Finance Minister Says

    Africa’s Energy Transition Must Be on Africa’s Terms

    Trade, Investment, LPG Key to Addressing Africa’s $15B Infrastructure Gap

    Africa Energy Bank Gains Momentum with Support from Nigeria, Angola, Ghana

  • Culture

    En Côte d’Ivoire, le FEMUA bat son plein autour du civisme et de la musique urbaine

    Mali: Amadou Bagayoko, du célèbre duo Amadou & Mariam, est mort à l’âge de 70 ans

    Les lauréats du Grand Prix Littéraire du Bénin dévoilés à Cotonou

    L’autrice camerounaise Hemley Boum remporte le Prix des 5 Continents 2025

  • Environment

    Africa’s Water Towers Under Threat as the Globe Marks World Water Day

    East Africa Launches Project to Boost Climate Resilience

    Côte d’Ivoire : création d’une réserve naturelle de 49 hectares à Rubino

    Africa Commemorates Wangari Maathai Day, Reaffirms Green Commitment

  • Health

    Guinée, Côte d’Ivoire, Tanzanie ou Togo : qui dirigera l’OMS Afrique en pleine crise de financement ?

    As Funding Declines, WHO Africa Prepares to Choose New Leader

    Lake Chad Basin Countries Launch Polio Drive to Protect 83 Million Children

    Africa CDC Launches Strategy to Boost Health Financing and Self-Reliance

  • Bantu TV
Bantu Gazette
  • Finance

    Afreximbank Launches $3 Billion Program to Boost Intra-African Oil Trade

    Egypt, France, EU sign nine financing, grant agreements worth €262 million

    First African Trade Center in Barbados to Boost Africa-Caribbean Ties

    Ethiopia Plans to Build Africa’s Largest Airport

  • Politics & Economy

    Nigeria Becomes Member of Asian Infrastructure Investment Bank

    ‘Without Infrastructure, There’s No African Continental Free Trade Area’

    Tanzania’s Foreign Currency Ban Sparks Debate, Offers Lessons for Africa

    African Union Urges Responsible AI Use to Safeguard Press Freedom

  • Technology

    Ethiopia Unifies Government Services Through Advanced Digital Technology

    Rwanda, Gates Foundation Launch New AI Scaling Hub to Drive Innovation

    Africa’s Innovation Potential Takes Center Stage at Kigali AI Summit

    Le Bénin lance un système numérique pour sécuriser le transport routier de marchandises

  • Energy

    Ghana’s Energy Sector Remains Country’s Biggest Economic Risk, Finance Minister Says

    Africa’s Energy Transition Must Be on Africa’s Terms

    Trade, Investment, LPG Key to Addressing Africa’s $15B Infrastructure Gap

    Africa Energy Bank Gains Momentum with Support from Nigeria, Angola, Ghana

  • Culture

    En Côte d’Ivoire, le FEMUA bat son plein autour du civisme et de la musique urbaine

    Mali: Amadou Bagayoko, du célèbre duo Amadou & Mariam, est mort à l’âge de 70 ans

    Les lauréats du Grand Prix Littéraire du Bénin dévoilés à Cotonou

    L’autrice camerounaise Hemley Boum remporte le Prix des 5 Continents 2025

  • Environment

    Africa’s Water Towers Under Threat as the Globe Marks World Water Day

    East Africa Launches Project to Boost Climate Resilience

    Côte d’Ivoire : création d’une réserve naturelle de 49 hectares à Rubino

    Africa Commemorates Wangari Maathai Day, Reaffirms Green Commitment

  • Health

    Guinée, Côte d’Ivoire, Tanzanie ou Togo : qui dirigera l’OMS Afrique en pleine crise de financement ?

    As Funding Declines, WHO Africa Prepares to Choose New Leader

    Lake Chad Basin Countries Launch Polio Drive to Protect 83 Million Children

    Africa CDC Launches Strategy to Boost Health Financing and Self-Reliance

  • Bantu TV
Bantu Gazette
No Result
View All Result
Home Energy

Chad Secures €28 Million to Boost Energy Access , Transition to Renewables

by Sandra Ndang
20/12/2024
in Energy, Environment
Reading Time: 3 mins read

YAOUNDE, Cameroon (BG) – Under its Desert to Power initiative, the African Development Bank Group (AfDB) has approved €28 million in funding to construct solar power plants in Gassi and Lamadji, Chad.

According to a statement on Friday, this landmark project aims to boost energy access and transition the country to cleaner, renewable energy sources.

The financing package includes €20 million in direct support—comprising a loan and grant from the Sustainable Energy Fund for Africa and €8 million in financial guarantees equally provided by the African Development Fund and the Green Climate Fund.

The statement said that contributions from other Development Finance Institutions will bring the project’s total cost to an estimated €41 million.

Once completed, the solar plants are expected to generate 61 gigawatt-hours of clean, reliable, and affordable electricity annually, addressing Chad’s significant energy deficit.

The project will also include two 15-megawatt peak solar power plants, new substations, connection lines, and a 6-megawatt-hour battery system for energy storage.

Pioneering Renewable Energy in Chad

Kevin Kariuki, Vice President of AfDB’s Power, Energy, Climate, and Green Growth complex, called the project a landmark development.

“The Gassi and Lamadji solar project underscores Chad’s strong commitment to the transition to renewable energy under the Desert to Power Initiative, and the Bank’s commitment to supporting transformative, clean energy projects across the continent,” Kariuki said.

The project is set to increase Chad’s power supply by 20%, reducing reliance on expensive, polluting fuel-based power and cutting annual carbon dioxide emissions by 49,000 tons.

Economic and Social Benefits

The initiative is projected to create 200 construction jobs—prioritizing opportunities for women and youth—and 34 permanent roles once operational.

By reducing fuel subsidies and energy imports, the project is expected to strengthen Chad’s balance of payments while generating tax revenue for the national treasury.

Wale Shonibare, Director of AfDB’s Energy Financial Solutions, Policy, and Regulations department, highlighted its broader impact: “It demonstrates how strong partnerships and the Bank’s deployment of its suite of instruments and innovative solutions can advance the energy transition and foster sustainable economic development.”

Desert to Power initiative

Aligned with AfDB’s “Light Up and Power Africa” initiative and Chad’s Paris Agreement commitments, the project is expected to enhance energy access and improve the country’s climate resilience, setting a precedent for renewable energy development in the region.

The AfDB is the driving force behind one of the world’s most ambitious energy projects: the Desert to Power initiative aims to bring energy to one of the least developed and most marginal parts of the continent.

This transformative and bold effort aims to turn Africa’s vast, sun-drenched Sahel region – one of the most vulnerable regions in the world – into a powerhouse of solar energy, targeting 11 countries: Burkina Faso, Chad, Djibouti, Eritrea, Ethiopia, Mali, Mauritania, Niger, Nigeria, Senegal, and Sudan.

By harnessing the region’s immense solar potential, Desert to Power seeks to generate 10 gigawatts of solar power by 2030, thereby facilitating access to electricity for 250 million people.

TweetShareShare
Previous Post

Rwanda Declares Victory Over Marburg Virus Outbreak

Next Post

African Single Electricity Market and Continental Master Plan Propel SDG 7 in Africa

Related Posts

Energy

Ghana’s Energy Sector Remains Country’s Biggest Economic Risk, Finance Minister Says

23/04/2025
Energy

Africa’s Energy Transition Must Be on Africa’s Terms

15/04/2025
Energy

Trade, Investment, LPG Key to Addressing Africa’s $15B Infrastructure Gap

07/04/2025
Energy

Africa Energy Bank Gains Momentum with Support from Nigeria, Angola, Ghana

01/04/2025
Energy

African Union Calls for Bold Action to Transform Mineral Sector

28/03/2025
Energy

Uganda Oil, Tanzania LNG Projects Gain Momentum

28/03/2025
Energy

Nigeria to Adopt Egypt’s Power Model

24/03/2025
Environment

Africa’s Water Towers Under Threat as the Globe Marks World Water Day

22/03/2025
Environment

East Africa Launches Project to Boost Climate Resilience

17/03/2025
Energy

Eritrea Strikes $19 Million Mini-Grid Deal to Boost Energy Access

14/03/2025
Environment

Côte d’Ivoire : création d’une réserve naturelle de 49 hectares à Rubino

13/03/2025
Energy

Call for New Paradigm as Global Race for Africa’s Critical Minerals Intensifies

11/03/2025
Environment

Africa Commemorates Wangari Maathai Day, Reaffirms Green Commitment

03/03/2025
Energy

African Energy Chamber Partners with Equatorial Guinea to Boost Oil, Gas Industry

02/03/2025
Environment

La Côte d’Ivoire appelle à inverser la tendance du changement climatique

27/02/2025
Energy

Tchad : Le Premier ministre veut accélérer les projets énergétiques

26/02/2025
Energy

Public, Private Sector Leaders Unite to Drive Nigeria’s Oil Production Growth

24/02/2025
Environment

Climate Change Threatens West Africa’s Cacao Supply, Driving Up Prices

19/02/2025
Energy

Le Sénégal vise l’autonomie énergétique d’ici 2050

19/02/2025
Energy

Africa’s Natural Gas Market Set for Growth Amid Global Energy Shift

17/02/2025
Energy

Eswatini to Expand Electricity Access for 200,000 People

14/02/2025
Energy

South Africa’s G20 Presidency a Catalyst for Energy Investment in Africa

14/02/2025
Energy

African Dev’t Bank, Germany Partner on Energy, Private Sector Growth

13/02/2025
Energy

Afreximbank exhorte l’Afrique à valoriser ses ressources minières

08/02/2025
Energy

Equatorial Guinea to Launch New Oil Licensing Round in 2025

08/02/2025
Environment

L’Afrique met en place un mécanisme de coopération pour l’adaptation climatique

04/02/2025
Energy

African Leaders Pledge to Advance Clean Cooking Solutions

01/02/2025
Energy

12 African Nations Commit to Expanding Access to Electricity

28/01/2025
Energy

Mission 300: African Leaders Take Charge of Energy Future

27/01/2025
Energy

Africa’s Green Energy Potential Could Transform Industrialization

23/01/2025
Environment

DR Congo Announces the World’s Largest Tropical Forest Reserve

22/01/2025
Environment

Ivory Coast, Burkina Faso Partner to Promote Gender Equality, Fight Deforestation

21/01/2025
Energy

Nigeria’s Energy Reforms Attract $13.5 Billion in Oil, Gas Deals

21/01/2025
Energy

Eni, TotalEnergies Announce New Exploration Projects in Libya

20/01/2025
Energy

Seychelles Leads Global Push for Marine Conservation, Sustainable Energy

16/01/2025
Energy

PowerGen Forms Strategic Alliances to Expand Renewable Energy in Africa

16/01/2025
Energy

Mauritania, Senegal Sign Energy Agreement to Boost Cooperation

14/01/2025
Environment

L’élevage au Cameroun : des partenariats innovants au service de la croissance durable

13/01/2025
Energy

Mauritania Secures $27M to Modernize Energy Sector

08/01/2025
Energy

West Africa Marks Milestone as Mauritania and Senegal Begin Major Gas Production

02/01/2025
Environment

COMMENTARY: Gabon’s Forestry Economy at a Crossroads

26/12/2024
Energy

Angola Boosts Energy Diversification with Major Gas Project Launch

24/12/2024
Energy

African Single Electricity Market and Continental Master Plan Propel SDG 7 in Africa

21/12/2024
Energy

Afreximbank Signs Landmark Renewable Energy Project in DR Congo

19/12/2024
Environment

Climate Tech in Sub-Saharan Africa Gets $10 Million Boost from African Dev’t Bank

18/12/2024
Energy

Zimbabwe Launches $23.7 Million Project to Reduce Mercury Use in Artisanal Gold Mining

17/12/2024
Energy

Nuclear Energy: A Potential Solution to Africa’s Electricity Challenges

16/12/2024
Africa

‘Africa Causes Minimal Emissions, Yet Climate Change Pummels the Continent’

15/12/2024
Africa

Africa’s Great Green Wall Gains Momentum with Renewed Commitments at COP16

14/12/2024
Environment

UN Secretary-General Urges Swift Action on Climate Justice in Lesotho Address

12/12/2024
Energy

African Ministers Approve Key Strategies for Africa’s Energy Future

12/12/2024
Energy

Africa’s Critical Mineral Resources Must Benefit Africans First, Says UN Chief

11/12/2024
Africa

Africa Celebrates International Mountain Day 2024 with Focus on Innovation, Sustainability

11/12/2024
Environment

Kenya Makes Strides Toward Integrating Disaster Risk Reduction, Climate Change Adaptation

10/12/2024
Environment

DR Congo Explores Debt-for-Nature Swaps to Address Climate Change

09/12/2024
Environment

Kenya Launches GreenTech Hub, AI Skilling Centre to Drive Africa’s Digital and Green Transformation

06/12/2024
Energy

‘Africa Energy Bank Represents a Game-changing Solution for Africa’s Energy Sector’

06/12/2024
Environment

Major Land Restoration and Drought Initiatives Take Center Stage at COP16 in Riyadh

03/12/2024
Energy

Namibia on Track to Become Southern Africa’s Energy Hub

03/12/2024
Energy

African Energy Chamber Urges Ivory Coast to Push Forward with Oil, Gas Investment

02/12/2024
Environment

L’Afrique : une seule voix sur le climat à la COP29

25/11/2024
Environment

Africa’s Unified Stance at COP29: Results and Implications

25/11/2024
Environment

Africa’s Green Transition Hinges on Policy Certainty and Investment

23/11/2024
Energy

Ethiopian PM Welcomes Major Gold Mining Investment in Gambela

22/11/2024
Environment

Refugee activists at COP29 call for funding and support to withstand climate threats

21/11/2024
Environment

COP29: Deadly weather events show cost of climate inaction

17/11/2024
Environment

IOM and UNICEF Strengthen Partnership to Support Climate-Displaced Children

17/11/2024
Load More
Next Post

African Single Electricity Market and Continental Master Plan Propel SDG 7 in Africa

AI Revolutionizes Global Landscape: UN Chief Calls for Responsible Governance

Africa Takes Significant Steps Towards Enhancing Trade Integration Across the Continent

‘Recent Elections in West Africa Demonstrate Progress in Democracy,’ Says UN Envoy

Africa's Critical Minerals Key to Trade and Sustainable Development

Advertisement Advertisement
ADVERTISEMENT
Health

Guinée, Côte d’Ivoire, Tanzanie ou Togo : qui dirigera l’OMS Afrique en pleine crise de financement ?

by Felix Tih
08/05/2025

GENÈVE - La région Afrique de l’Organisation mondiale de la santé (OMS) élira son nouveau directeur le 18 mai 2025...

Read moreDetails

As Funding Declines, WHO Africa Prepares to Choose New Leader

08/05/2025

Nigeria Becomes Member of Asian Infrastructure Investment Bank

07/05/2025

‘Without Infrastructure, There’s No African Continental Free Trade Area’

06/05/2025

Tanzania’s Foreign Currency Ban Sparks Debate, Offers Lessons for Africa

05/05/2025

Popular Stories

  • Tanzania’s Foreign Currency Ban Sparks Debate, Offers Lessons for Africa

    0 shares
    Share 0 Tweet 0
  • Global Forum in Rwanda Urges Immediate Action on Rising Noncommunicable Diseases Crisis

    0 shares
    Share 0 Tweet 0
  • Ethiopia Launches First Electronic Passport, Marking New Era in Secure Travel

    0 shares
    Share 0 Tweet 0
  • Somaliland Attracts Global Investors, Seeks Trump’s Recognition

    0 shares
    Share 0 Tweet 0
  • Netumbo Nandi-Ndaitwah Sworn in as Namibia’s First Female President

    0 shares
    Share 0 Tweet 0
Advertisement Advertisement Advertisement
ADVERTISEMENT

Recommended

Guinée, Côte d’Ivoire, Tanzanie ou Togo : qui dirigera l’OMS Afrique en pleine crise de financement ?

2 days ago

As Funding Declines, WHO Africa Prepares to Choose New Leader

2 days ago

About us

Bantu Gazette

Bantu Gazette is a pioneering news platform that champions Africa’s development, culture, and heritage. We spotlight the continent’s successes, address its challenges, and provide insightful coverage of events that shape its future.

By Category

  • Finance
  • Technology
  • Energy

Important Links

  • Contact Us
  • About Us
  • Advatise with us

Follow us

  • Twitter
  • LinkedIn
  • Facebook

Copyright © 2024 Bantu Gazette All rights reserved.

  • Privacy Policy
  • Cookie Policy
No Result
View All Result
  • Finance
  • Politics & Economy
  • Technology
  • Energy
  • Culture
  • Environment
  • Health
  • Feature Stories
  • Bantu Magazine
  • Opinion
  • Partner Contents
  • Bantu TV
  • Newsletter

Copyright © 2024 Bantu Gazette All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?