AfDB Boosts Green Energy Development in 7 African Countries
African Development Bank (AfDB), through its Global Green Growth Institute (GGGI), has ranked Morocco, Tunisia, Kenya, Rwanda, Senegal, Gabon, and Mozambique as the continent’s top green-growth performers.
The ranking is contained in a recent study in which the Bank said it now has a formalized protocol to accelerate green energy development in Africa.
The report also named other African nations, like Angola, Burkina Faso, the Ivory Coast, and Uganda as members of the Global Green Growth Institute
For example, to deal with the population boom in this East African nation, the GGGI helped Rwanda design a program to create secondary ecological cities in 2019.
AfDB said that Kenya was inspired by this support to pass its Sustainable Waste Management Act in 2022. A Waste management board will be established, extended producer responsibility programs will be mandated, home waste will be recovered, and illegal dumping in all 47 counties of the nation will be closed, according to the report
Togo is attempting to transition to a circular economy and has applied to join the Global Growth Institute. The nation of West Africa is wrapping up its National Development Plan (NDP), which has a growth target of 7.6% by 2022. The AfDB, which earlier in 2021 declared that it would mobilize $25 billion to finance green projects in Ivory Coast by 2025, also backed this program.
The industries in question are smart agriculture, green mobility, and renewable energy, generating at least 500,000 new jobs.