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AfDB’s Off-Grid Recovery Platform for COVID-19 reaches financial close

The African Development Bank has reached financial close on financing agreements for a $20 million concessional investment from the Sustainable Energy Fund for Africa for the COVID-19 Off-Grid Recovery Platform.
renewable energy investment

CES Project Advisory to assist IPPs in 5th bid window of REIPPPP

To assist IPPs with their REIPPPP bid round 5 projects, three South African firms joined forces to create a one-stop-shop project advisory consortium.
trade finance

Financial close: The moment of empowerment

Financial close is a lender’s and an infrastructure project’s moment of truth, explains Roland Janssens, director at Ninety One, which manages the Emerging Africa Infrastructure Fund.

Great potential for financing mini-grids

“SunFunder was the first financial intermediary to fund (commercially) a mini-grid developer and we believe that there is great potential in this sector.”
green bond Green Climate Fund

Bridge loan facility expedites hydropower financial close

The Africa Finance Corporation has announced the financial close of a bridge loan facility contracted by Ivoire Hydro Energy for the construction of the 44MW Singrobo-Ahouaty hydroelectric power project in Côte d’Ivoire.

Diversification of South Africa’s energy supply continues

Standard Bank has closed four projects under the latest round of South Africa’s Renewable Energy Independent Power Producer Procurement Programme, (REIPPPP), making it the first bank to close a project since the long delay. Rentia...

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