News
13 November 2019

AfDB converts $1.5bn energy fund to concessional facility

In:
Power, Renewables
Region:
Middle East & Africa

The African Development Bank (AfDB) has made a U-turn on the $1.5 billion Sustainable Energy Fund for Africa (SEFA) as it converted the fund to a concessional finance facility. The board of governors has approved the conversion of SEFA, which it administers into a “special fund” to...

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