African Development Bank Grants $20 Million for Green Hydrogen in Egypt, Morocco, Namibia, South Africa
fuelcellsworks.comThe African Development Bank has announced $20 million in grants to support green hydrogen projects in Egypt, Morocco, Namibia, and South Africa. The funding is aimed at early-stage development, including feasibility studies and project preparation, according to the bank. The move signals growing institutional interest in Africa's potential for low-carbon hydrogen production. The four countries were chosen for their renewable energy resources and existing industrial bases. Egypt and Morocco have strong solar potential, Namibia has wind and solar, and South Africa has heavy industry that could use hydrogen as a feedstock or fuel. The grants are small relative to the capital needed for commercial electrolysis, but they can help de-risk projects and attract private investment. For carbon markets and climate finance watchers, this is a modest but concrete step. The key will be whether these grants lead to bankable projects with clear offtakers. Hydrogen exports to Europe and Asia remain speculative, so domestic use cases may be more realistic in the near term.
