African Development Bank https://sahilna.com Our Heritage - Our Strength - Our Future Tue, 19 May 2026 06:52:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://sahilna.com/wp-content/uploads/2026/05/site_icon-150x150.png African Development Bank https://sahilna.com 32 32 News Update: African Development Bank Strengthens Partnership with Eritrea https://sahilna.com/news-update-african-development-bank-strengthens-partnership-with-eritrea/ https://sahilna.com/news-update-african-development-bank-strengthens-partnership-with-eritrea/#respond Tue, 12 May 2026 08:56:23 +0000 https://sahilna.com/?p=112 The partnership between Eritrea and the African Development Bank began with the financing of the 30-megawatt solar project in Dekemhare in 2023. At the time, the African Development Bank approved nearly US$49.92 million for the construction of a grid-connected solar power plant with a battery storage system near the town of Dekemhare, southeast of Asmara.

The two sides have now further deepened their cooperation. During a high-level visit in April 2026, discussions focused again on renewable energy, infrastructure, and vocational education. New solar projects in the Gash-Barka region and the development of the Massawa–Tesseney road connection were among the key topics discussed.

Representatives from both sides emphasized their commitment to strengthening long-term cooperation and supporting sustainable growth in Eritrea.

Sources:
African Development Bank Group, April 6, 2023, and May 11, 2026.

]]> https://sahilna.com/news-update-african-development-bank-strengthens-partnership-with-eritrea/feed/ 0