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“These investments will strengthen the resilience of our electricity system," — Zambian government

Abidjan, 25 June 2026—Zambia is to invest millions of dollars of savings realised through the successful $1.36 billion debt buyback in projects to provide reliable and affordable electricity access as part of an innovative transaction backed by the African Development Bank Group.

In a pioneering approach to development finance, the government of Zambia used a $600 million loan from the African Development Bank Group coupled with its own resources to buy back the $1.36 billion sovereign Eurobond.

As part of savings which could have gone into future debt servicing, the Zambian government has committed to earmark $275 million, to be...

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More: Official Press Release African Development Bank Group

Manila, Philippines, 9 June 2026 - Asian Development Bank (ADB) today announced that it has formally joined the Global Offshore Wind Alliance (GOWA), marking an important milestone in efforts to scale offshore wind deployment across Asia and the Pacific. The announcement was made at the Asia Clean Energy Forum in Manila.

Top Asia-Pacific wind industry updates: South Korea HVDC deals, Tibetan solar & wind community impact, Australia’s 1 GW wind milestone, Vietnam offshore wind pushes, South Korea 365 MW offshore farm progress

Uneven progress in energy access underscores the need for affordability measures and support for vulnerable communities

REN21 warns renewables boom is outpacing grids and policies, with 2,300 GW awaiting connections worldwide

Australia wind projects planning minister petroleum + China 2 GW offshore converter + Philippines land ends gamble + India 900 MW solar wind partnership + Vietnam 1000 MW Laos wind import

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