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SEFA injects $1m to modernise ageing hydropower fleets in Africa

The AfDB’s Sustainable Energy Fund for Africa (SEFA) has approved a $1 million grant for the modernisation of Africa’s hydropower fleet, which is expected to add 200MW in generation capacity.
data analytics

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.
SEFA funding

Report shows steady growth for SEFA funding

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has secured $90 million in new funding. This is after the fund reported a record number of transactions for 2020.
power sector financing

SEFA extends grant to accelerate Africa’s energy transition

SEFA has extended a $1 million grant to help accelerate African countries’ energy transition ahead of the 2021 United Nations COP26

Morocco’s SIE to be the first Super Energy Service Company in Africa

The implementation of Super ESCOs on the continent will gradually contribute to the expansion and strengthening of the energy efficiency financing ecosystem.

AfDB commits $1.5m for Jigawa on-grid IPP programme

The African Development Bank (AfDB) board of directors have approved a $1.5 million grant from the Sustainable Energy Fund for Africa (SEFA) to support the Nigerian Government’s implementation of Phase 1 of the Jigawa 1GW Independent...