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African Development Bank invests $30M in climate projects, aiming to create 1,600 jobs by 2031.
The African Development Bank has approved a $30 million investment in the Africa Finance Corporation to finance climate action projects across Africa, including wind and solar power plants and energy storage systems.
The investment will help create over 1,600 jobs by 2031 and promote regional integration.
Additionally, the Sustainable Energy Fund for Africa welcomed Japan as its newest donor, expanding its donor base to 11 and launching a handbook to guide power project financing.
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El Banco Africano de Desarrollo invierte 30 millones de dólares en proyectos climáticos, con el objetivo de crear 1.600 puestos de trabajo para 2031.