AfDB to provide $20M to four African green hydrogen/derivatives projects
The financing will be extended under the Africa Green Hydrogen Program’s call for Proposals (CfP), which took place from 10 April 2026 through May 11, 2026. The Bank Group’s Vice President for Power, Energy, Climate Change and Green Growth, Kevin Kariuki, announced the CfP outcomes during the Africa Green Hydrogen Summit 2026 in Cape Town on Tuesday.
Pending approval by the Bank’s Board of Directors, the Sustainable Energy Fund for Africa (SEFA) will provide the funding, which is intended to prepare projects for investment.
The projects span sustainable marine and aviation fuels (Egypt, Morocco and Namibia) and low-carbon iron (South Africa). Project ‘Ra’ in Egypt (sponsored by DAI Infrastruktur GmbH) will receive $3.55 million; Guelmim Green Hydrogen Valley in Morocco (sponsored by Nareva Holding) secured $5.28 million; the Hyphen project (sponsored by Hyphen Hydrogen Energy (Pty) Ltd) will receive $5.93 million; and Saldanha Hydrogen DRI in South Africa, (sponsored by Enertrag SE in collaboration with ArcelorMittal South Africa), secured $5.24 million. The four projects represent estimated investments of $23 billion, as well as 20GW equivalent of solar and wind energy generation capacity, 7 GW of electrolyzer capacity and 2950 MWh of battery energy storage capacity.
The Africa Green Hydrogen Program aims to catalyze private sector participation in the hydrogen infrastructure segment by improving bankability and promoting foreign direct investment. Leveraging green hydrogen and its derivatives for storage of solar and wind power is expected to accelerate renewable energy development by eliminating the need for fossil fuels and reducing carbon emissions.
Category: Fuels
