African Development Bank Group and the Climate Investment Fund invest USD 66 million in Egypt’s Dandara Solar Project

Lead party: The African Development Bank Group (AfDB) (lead investor/buyer)Coverage: Meridian Capital (investment and transaction tracker; data from Partner Researchers, editorially reviewed). Target: Dandara Solar Power S.A.E. (private company) · Sector: Financial Services, Investment Holding & SPVs · Countries of operation: Egypt Transaction type: Project Financing, Debt Financing · Asset class: Private Credit · Strategy:…


Lead party: The African Development Bank Group (AfDB) (lead investor/buyer)

Coverage: Meridian Capital (investment and transaction tracker; data from Partner Researchers, editorially reviewed).

Target: Dandara Solar Power S.A.E. (private company) · Sector: Financial Services, Investment Holding & SPVs · Countries of operation: Egypt

Transaction type: Project Financing, Debt Financing · Asset class: Private Credit · Strategy: Direct Lending · Instrument: Private Capital (Debt) · Deal amount: US$66m · Fund: Clean Technology Fund (CTF)

Lead investor/buyer: The African Development Bank Group (AfDB) · Investors/buyers: The African Development Bank Group (AfDB), Climate Investment Fund

Legal advisers: not identified in the source record.

Source: announced 14 July 2026. Original announcement: solarquarter.com.