Four projects in Egypt, Morocco, Namibia, and South Africa, representing $23 billion in investments, have been selected for $20 million in repayable support announced by the African Development Bank.
The African Development Bank announced on Friday, September 18, 2026, the selection of four green hydrogen projects in Egypt, Morocco, Namibia, and South Africa for a total repayable support of $20 million, pending approval from its board of directors.
The four projects represent approximately $23 billion in planned investments. The AfDB estimates that they will total the equivalent of 20 GW of solar and wind capacity, 7 GW of electrolyzers, and 2,950 MWh of battery storage.
In Egypt, the Ra project led by DAI Infrastruktur is set to receive $3.55 million. In Morocco, the Guelmim Green Hydrogen Valley, sponsored by Nareva Holding, has been selected for $5.28 million. In Namibia, Hyphen Hydrogen Energy is chosen for $5.93 million, while the Saldanha Hydrogen DRI project in South Africa, developed by Enertrag in partnership with ArcelorMittal South Africa, is associated with $5.24 million.
The projects cover various industrial uses. The Egyptian, Moroccan, and Namibian proposals focus on sustainable fuels for maritime transport and aviation, while Saldanha aims for low-carbon iron production.
The funding will come from the Sustainable Energy Fund for Africa, a special fund managed by the AfDB to support investments in clean energy. The call for projects under the Africa Green Hydrogen Programme was open from April 10 to May 11, 2026.
The Bank reports that it received 81 proposals from 18 African countries. The amounts announced on Friday remain contingent upon formal approval from the AfDB’s board of directors.