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Originally published by The Standard Business
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January 24, 2026
1w ago

AfDB Backs Kenya's geothermal expansion with Sh2.6b loan

AfDB Backs Kenya's geothermal expansion with Sh2.6b loan

Geothermal energy, generated from heat deep within the earth, provides a critical source of "baseload" power for Kenya...

✨ Key Highlights

The African Development Bank (AfDB) has approved a $16.5 million (Sh2.64 billion) loan to boost Kenya's geothermal energy sector. This funding will support the construction of the new 35-megawatt OrPower Twenty-Two plant at the Menengai field, aiming to provide stable and clean electricity.

  • The new plant, located north of Nakuru, is the third in the Menengai field's first phase, which will collectively produce 105 MW upon completion.
  • AfDB's Director for Energy Financial Solutions, Wale Shonibare, highlighted the project as a successful public-private model, with Geothermal Development Company drilling wells and private firms operating the plants.
  • The project is expected to generate approximately 301 gigawatt-hours of electricity annually and avoid an estimated 1.9 million tonnes of greenhouse gas emissions over 25 years.

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