Sustainable Energy Fund for Africa

21-May-2019

Ethiopia: African Development Bank’s Sustainable Energy Fund approves grant to spur renewable investments

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank on 17 May 2019 approved a $995,000 grant to support the roll out of a sustainable procurement framework for Independent Power Producers (IPPs) in Ethiopia. The SEFA grant will encourage private investments into hydropower projects through Ethiopia’s Renewable Energy Programme. It will strengthen the government’s capacity to undertake bankability and technical analysis including feasibility assessments of projects in the hydro priority pipeline. The grant also provides for environmental and social...
16-May-2019

Climate Finance Bimonthly Newsletter - Issue N°27 - August-October 2014

A SET OF BOLD AND AMBITIOUS COMMITMENTS to climate finance were made during the UN Climate Summit on September 23rd, which gathered around 120 heads of state. Pledges of around US$ 2.3 billion were made to the Green Climate Fund; over 150 supporters endorsed the New York Declaration on Forests, including countries who committed to halving deforestation by 2020 and ending it by 2030; and the Global Investment Coalition on Climate Change announced that it would double investments in climate change to US$ 84 billion by 2015 as well as increase current climate change investment 10-fold between...
27-Mar-2019

African Development Bank approves $20 Million facility for Green Mini-Grid Program in Democratic Republic of Congo

The African Development Bank Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based mini-grid solutions in the central African nation. The program will supply power to cities with sizeable populations, some of them with a few hundred thousand inhabitants, without any access to modern energy. With limited grid...
23-Nov-2018

SEFA annual report 2017

The Sustainable Energy Fund for Africa (SEFA) seeks to promote energy access and local economic development by unlocking investments in small and medium-scale renewable energy and energy efficiency (RE/EE) projects. Financing options available through SEFA include project preparation grants, equity investments and enabling environment grants.
24-Sep-2018

African Development Bank Supports Ghana’s Renewable Energy Sector with $1.5 Million Grant

The African Development Bank has approved a US$1.5 million grant from its Sustainable Energy Fund for Africa (SEFA), to assist Ghana’s s renewable energy investment drive. The grant will support the Ghana government’s efforts to overcome technical, financial, regulatory and institutional barriers to scaling-up renewable energy investments in the country. The project, which is  part of the Bank-led Climate Investment Fund (CIF) and the Scaling-up Renewable Energy Programme (SREP) Investment Plan for Ghana, will complement the Bank’s effort in the Ghana Energy...
09-May-2018

African Development Bank approves US $1.5 million for Jigiwa on-grid IPP solar power procurement program

The Board of Directors of the African Development Bank has approved a US $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 1-GW Independent Power Producer (IPP) Solar Procurement Program. This approval reaffirms the underpinning principles of the Bank’s New Deal on Energy for Africa and its commitment to developing renewable energy and increasing energy access on the continent. At full 1 GW capacity, the program will assist the government to achieve its national goals of...
09-May-2018

African Development Bank approves US $1.5 million for Jigawa on-grid IPP solar power procurement program

The Board of Directors of the African Development Bank has approved a US $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 1-GW Independent Power Producer (IPP) Solar Procurement Program. This approval reaffirms the underpinning principles of the Bank’s New Deal on Energy for Africa and its commitment to developing renewable energy and increasing energy access on the continent. At full 1 GW capacity, the program will assist the government to achieve its national goals of...
12-Apr-2018

Third West African Forum for Climate and Clean Energy Financing

The African Development Bank (AfDB) will host the third West Africa Forum for Climate and Clean Energy Financing (WAFCCEF-3) in Abidjan, Côte d’Ivoire on April 12, 2018. This Forum is organised by the Private Financing Advisory Network in partnership with the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE). This Financing Forum provides the opportunity to meet inspiring West African entrepreneurs on the frontline of the low-carbon energy transition, network with regional and global clean energy experts and impact investors, and learn first-hand about exciting climate...
16-Mar-2018

African Development Bank and the International Solar Alliance team up to drive solar development in Africa

The African Development Bank’s Vice-President for Power, Energy, Climate and Green Growth, Amadou Hott, took part in the Founding Conference of the International Solar Alliance (ISA) in New Delhi co-chaired by Prime Minister Narendra Modi of India and President Emmanuel Macron of France. About 50 countries were represented by Heads of State and Government and Ministers including 11 African Presidents and several African Prime Ministers, who were joined by solar manufacturers, developers, financial institutions, green funds, innovators, start-ups and NGOs. In his opening...
06-Mar-2018

Inclusive Climate-Smart Finance – Reaching those most in need

Addressing the climate challenge rests inter alia on the availability of adequate and sustainable climate-smart finance, along with properly designed mechanisms for its smooth provision. Leveraging such mechanisms has the potential to address socio-economic imbalances and political grievances that aggravate communities’ vulnerability and reduce their resilience to the impacts of climate change and extremes. Implementing an inclusive approach – that takes into account the needs, interests and differential vulnerabilities of men and women – in all aspects of project development, including...
09-Jan-2018

Le Fonds des énergies durables pour l’Afrique soutient la promotion des mini-réseaux verts en République Démocratique du Congo

La République Démocratique du Congo (RDC) a bénéficié le 30 novembre d’une subvention de 994 270 dollars EU du Fonds des énergies durables pour l’Afrique (SEFA) pour promouvoir les projets de mini-réseaux verts (dit GMG en Anglais) et faciliter les investissements privés dans ce sous-secteur. Le programme d’appui aux mini-réseaux verts du SEFA cadre totalement avec l’engagement de la Banque africaine de developpement de soutenir les projets d’infrastructures énergétiques, de changement climatique et d’adaptation. Le projet s’inscrit dans le « New Deal...
04-Jan-2018

African Development Bank, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital partner in US $55-million investment into Off-Grid Energy Access Fund

On December 15, the African Development Bank’s Board approved a US $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (“FEI OGEF”). This follows the approval of additional investments of US $10 million from Calvert Impact Capital (CIC), US $8.5 million from the Global Environment Facility (GEF) and €6 million from the Nordic Development Fund (NDF). In addition, the NDF will provide a €0.5-million grant for technical assistance to support deal structuring and capacity development. FEI OGEF is a US $100-million...
21-Dec-2017

Sustainable Energy Fund for Africa improves waste-to-energy electricity in Kenya with US $1 million grant

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a grant of US $ 995,000 to Asticom Kenya Ltd., to support the construction of a 10 megawatt (MW) grid-connected municipal waste-to-energy (WTE) plant. The grant will fund the cost of conducting a full environmental and social impact assessment, detailed engineering designs, and  provide project-related legal advisory services, as well as financial/transaction advisory services. The project will be located in Kibera, a suburb of Nairobi, and will generate electricity from...
07-Dec-2017

African Development Bank leads the way in renewable energy

In line with the New Deal on Energy for Africa, the African Development Bank has approved US$324 million in loan support to two renewable energy projects in Morocco and Côte d’Ivoire that are expected to significantly increase power supplies and keep economic growth on track. Scaling up investments in energy is the African Development Bank Group’s top High 5 priority, in a continent where more than 600 million people do not have access to electricity. The New Deal on Energy for Africa is a partnership-driven effort with the aspirational goal of...
06-Dec-2017

SEFA supports the development of the first utility-scale wind farm in Mozambique

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved US $ 985,000 to Parque Eólico da Namaacha S.A SPV, to support project preparation activities for a utility-scale wind farm project in Mozambique. The project will provide reliable and clean power to the grid-connected population and industries in Maputo Province, add 60 MW peak power to the grid and expand transmission capacities. Further, SEFA aims at rendering the project a replicable wind farm reference for the Southern Africa Region. The intervention will trigger bankability...
10-Nov-2017

COP23: One of the biggest challenges facing the continent is the lack of bankable projects, experts agree

Experts discussed best practices on renewable project development and identified common obstacles for obtaining financing at a “Private sector engagement: best practices in renewable energy” event hosted by the International Renewable Energy Agency at COP23 in Bonn. The November 9 event aimed to promote closer engagement with the private sector to overcome technical project development challenges and to improve existing approaches to mitigate technical renewable energy project risks. The session featured the Project Navigator and the Sustainable Energy...
09-Nov-2017

SEFA to support the development of a Biomass-to-Power plant in South Africa

The Sustainable Energy Fund for Africa (SEFA) has approved US$990,000 to eThala Management Services, to support the development of a 10-MW Biomass-to-Power plant to be located in Harding, 200 km south of Durban in the KwaZulu Natal Province of South Africa. The project will enable further diversification of South Africa’s power generation mix away from coal dominance by adding renewable energy generation from biomass. The viability of the project will have a significant demonstration effect with regards to bioEnergy and showcase Corporate Power Purchase Agreements as an anchor...
31-Aug-2017

Mali : un atelier de formation sur les énergies renouvelables pour sensibiliser les journalistes aux enjeux du secteur

Au Mali, un atelier d’information et de formation des médias a été organisé dans le cadre du Projet d’appui à la promotion des énergies renouvelables (PAPERM), vendredi 14 juillet 2017, au siège de la Direction nationale de l’énergie, à Bamako. Objectif : informer les journalistes sur le potentiel du Mali dans les énergies renouvelables et ce que fait le pays en ce domaine, dans le but d’en optimiser le traitement médiatique et de mettre en place un réseau de journalistes...
24-Aug-2017

SEFA grants US $1 million to Burkina Faso to promote green mini-grids

The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US $983,000 grant to support the government of the Republic of Burkina Faso to create an enabling framework for increased private sector investment in renewable energy mini-grids. Energy access is marked by a large disparity between urban (59%) and rural areas (3%) at an overall electrification rate of 18.8% in 2016. The Government of Burkina Faso (GoBF) has set ambitious targets for raising the overall rate to 36% by 2020 and 75% by 2030. The country is already familiar...
11-Aug-2017

Un fonds de la BAD octroie 1 million de dollars pour l’électrification rurale au Togo

Le Fonds des énergies durables pour l’Afrique ( SEFA, en anglais), hébergé par la Banque Africaine de Développement, vient d’approuver un don de 975 000 dollars EU en faveur de la République du Togo afin de lui permettre de démarrer le projet « CIZO » consacré à l’électrification rurale hors-réseau par kits solaires domestiques en mode PAYGO. La première phase du programme d’électrification rurale « CIZO » (qui signifie « éclairer » en mina, une des principales langues du Togo) vise à créer les conditions propices à attirer le secteur privé (notamment les opérateurs de...