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Content provided by Last updated: 18/12 - 19:30 The African Development Bank’s (www.AfDB.org) Board of Directors on Monday 14 December 2020 approved $15 million from the Sustainable Energy Fund for Africa [SEFA (https://bit.ly/3r9hP1s)] and $10 million from the Clean Technology Fund (CTF) to advance African Renewable Energy Fund (AREF) II’s projects to boost low-carbon energy generation in sub-Saharan Africa. SEFA’s contribution will comprise a package of $10 million in equity and a $5 million reimbursable grant. CTF, p...

Sustainable Energy Fund for Africa and Clean Technology Fund provide $25 million in funding for medium scale independent power producers SEFA’s contribution will comprise a package of $10 million in equity and a $5 million reimbursable grant ABIDJAN, Ivory Coast, December 21, 2020/APO Group/ -- The African Development Bank’s (www.AfDB.org) Board of Directors on Monday 14 December 2020 approved $15 million from the Sustainable Energy Fund for Africa [SEFA (https://bit.ly/3r9hP1s)] and $10 million from the Clean Technology Fund (CTF) to advance African Renewable Energy Fund (AREF) II’s p...