Mozambique: AfDB’s Sustainable Energy Africa Fund for Africa Provides $2.5 Million to Increase Penetration of Renewable Energy

The Board of Directors of the African Development Bank (AfDB) has approved a grant of a grant of $2.5 million to the Mozambican government to develop renewable energy resources. The … Read More

AfricaGoGreen Fund receives over $30M investments from the AfDB, the SEFA, and the Nordic Development Fund

The African Development Bank and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20 million in the AfricaGoGreen Fund, a debt fund established to … Read More

BOTSWANA: AfDB’s SEFA to Provide $1 million in Support Energy Transition Regulatory & Policy Framework

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $1 million grant to facilitate Botswana’s transition to clean energy. The technical assistance project … Read More

MOROCCO: Africa’s first Super Energy Service Company Gets $965,000 Grant

The African Development Bank’s Sustainable Energy Fund for Africa (SEFA)  is providing a $965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), to support its transition into the first Super Energy … Read More

AfDB approves $100M to seed the establishment of $500M Facility for Energy Inclusion

The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 100 million, comprising USD 50 million equity and USD 50 million convertible senior … Read More