February 14

World Bank Allocates Nearly $300 Million to Support Renewable Energy Projects in Eastern and Southern Africa through Partnership with TDB

By Kavitha

The World Bank has allocated nearly USD 300 million to the Eastern and Southern African Trade and Development Bank (TDB) to support distributed renewable energy (DRE) and clean cooking projects in eligible countries under the World Bank’s International Development Association (IDA). This initiative builds on TDB’s successful financing of off-grid solar projects through a previous USD 415 million facility in 2020.

Photo courtesy of Karsten Würth.

Source: SolarQuarter (link opens in a new window)

clean cooking, distribution, energy access, lending, off-grid energy, poverty alleviation, renewable energy, solar