The African Development Bank (AfBD) has won the “Best Financial Support in the Power Sector” award presented by Terrapinn* in South Africa. The award recognized the Bank’s range of exceptional financial services for the development of projects. The awards were announced during the Power and Electricity World Africa 2011 conference, which took place in Cape Town from March 28 through April 1. The AfDB was one of several financial institutions vying for the awards, which are seen as standards of industry excellence. AfDB Chief Renewable Energy Specialist, Youssef Arfoui, accepted the award on behalf of the Bank. “The AfDB is honored to receive this award. We have worked hard to expand our financial services to promote clean energy for all Africans,” he said. Read More
