Top 10 Development Finance Institutions (DFI) in Africa 2025

Top 10 Development Finance Institutions (DFI) in Africa 2025

In SummaryAfrica boasts a significant amount of domestic capital, estimated at over $1.1 trillion, which could be leveraged for development. The African Development Bank made a record $11 billion in new investments for 2024-2025, demonstrating a growing commitment to development. DFIs are increasingly aligning their investments with the Sustainable Development Goals (SDGs), aiming to improve access to healthcare and clean water and create jobs. …

AfDB Approves $184M For Egypt To Construct Africa’s Largest Solar Plant

The African Development Bank (AfDB) has approved $184.1 million in financing for Egypt’s landmark Obelisk solar project, which will become the continent’s largest solar installation upon completion in 2026. The 1-gigawatt photovoltaic facility, coupled with 200MWh of battery storage, represents a transformative leap in Africa’s renewable energy landscape. Located in Qena Governorate, the $590 million project forms the centerpiece of Egypt’s Nexu…

Egypt Secures $184 Million AfDB Funding for Continent’s Biggest Solar Project - TV360 Nigeria

The African Development Bank Group (AfDB) has approved up to $184.1 million in financing for Egypt’s Obelisk solar power project—set to become the largest solar energy installation on the African continent. Located in the Qena Governorate of southern Egypt, the Obelisk project will feature a 1-gigawatt (GW) solar photovoltaic (PV) power plant, supported by a 200-megawatt-hour (MWh) battery energy storage system. The project encompasses the full …