Archive AfDB Nominated for Continental Infrastructure Awards

AfDB Nominated for Continental Infrastructure Awards

-

- Advertisment -
By Our Reporter
The African Development Bank (AfDB) has been shortlisted for the Africa investor (Ai) Infrastructure Project Developer Awards 2016. It has been nominated in the category of Ai African Project Development Financier of the Year.
Other nominees in the same category include the World Bank, Industrial Development Corporation, American Capital Energy & Infrastructure, Overseas Private Investment Corporation, and Islamic Corporation for the Development of the Private Sector, among others.
Now in their second year, the Awards recognise achievements across the main infrastructure sectors in Africa, including top infrastructure project developers, financiers, advisors and development partners per category operating in Africa. They reward institutions and personalities behind transactions or activities seeking to improve the continent’s infrastructure investment climate. The awards are in 15 categories.
In 2015 the AfDB bagged the award for Ai Regional Infrastructure Investment Initiative of the Year. At the same time, the Lake Turkana Wind Power Project, supported largely by the Bank, received the Ai Power Deal of the Year Award. Located in Northern Kenya, the project is Africa’s largest single wind power plant to be constructed. It aims to add 310 megawatts of reliable low cost wind power to the national grid, enough to power over two million households. The AfDB considers as key the development of essential infrastructure on the continent. It has over the last decade invested directly over US $30-billion in infrastructure, which has constituted over 50 percent of its lending activities.
The Ai Infrastructure Project Developer Awards 2016 will be held during the Ai CEO Infrastructure Project Developers Summit, expected to take place on May 9, 2016 in Johannesburg, South Africa.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Gates Foundation’s Annual Goalkeepers Report Finds Stark Disparities in COVID-19 Impacts

...New data reveals world stepped up to prevent worst-case scenarios from happening; spotlights need for long-term investments to ensure...

Op-ed: Africa Should Rethink Business Models for Impact and Sustainability

By Babatunde Oyateru | Corporate Identity Crisis It is no secret that humans anthropomorphise everything; perhaps it is down to the...

We Need to Strategise to Address Emerging Security Threats — Gbajabiamila

...says House ready to do more despite successes recorded The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has...

Paradigm Initiative, EiE Nigeria, MRA, SERAP Condemn the Continuous Twitter Ban in Nigeria by the Federal Government.

Nigeria’s Twitter ban hits 100 days on Sunday, September 12th, 2021. A milestone leaving the civil society, frontline actors...

USAID Commits $452m to Foster Media, CSO Engagements, Selects Pact, IREX, others

USAID has chosen Pact, along with IREX and our consortium partners, to lead two new regional programs, each titled Civil Society...

Serene Early-TROBB Concepts To Mark Third Anniversary, Trains Teenagers in Vocational Skills

Serene EARLY-TROBB Concepts will be organizing a One-day conference for teenagers and young adults on Mental Health and Menstrual...

Must read

Gates Foundation’s Annual Goalkeepers Report Finds Stark Disparities in COVID-19 Impacts

...New data reveals world stepped up to prevent worst-case...

We Need to Strategise to Address Emerging Security Threats — Gbajabiamila

...says House ready to do more despite successes recorded The...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: