Trending
- Vantage Capital concludes a $71 million deal with telco Camusat
- Mukuru’s mobile wallet debuts in Malawi, boosting global transfers and financial access
- Investing in tomorrow: Global manufacturing, future cities, and the digital economy
- World Bank-backed MIGA and insurer ATIDI in deal to scale FDI flows in Africa
- Kenya adopts a new global messaging standard platform for bulk payments
- Africa’s economic growth stalls amid debt crisis, education reforms key to inclusivity
- Kenya’s mobile network revenues squeezed by rise in Internet calls and texting
- Why financial inclusion in Tanzania remains a big challenge
Browsing: informal settlement
- About 200,000 people in Windhoek will benefit from AfDB-funded solar lighting project.
- AfDB’s Urban and Municipal Development Fund helps countries invest in climate resilient cities.
- Rapid and uncontrolled urbanization in Namibia’s capital has seen the steady rise in informal settlements.
An estimated 50,000 homes in Namibia’s informal settlements will benefit from solar power connections as green revolution across African economies picks up speed. The solar project targeting informal settlements in Namibia’s capital city has received a grant of $485,000 from the African Development Bank’s Urban and Municipal Development Fund .
In Windhoek, where around 20 per cent of the population lacks access to power, the “Informal Settlement Renewable Electrification and Upgrading Program” will directly assist almost 200,000 people.
The Urban and Municipal Development Fund of the AfDB supports national socioeconomic development and poverty reduction by assisting governments in funding sustainable urban development for more livable, productive, and climate resilient cities.…