African countries are one step closer to realizing the goals of universal energy access through following a coordinated approach to energy sector development at the country level according to speakers at a special session held during the Second Sustainable Energy for All (SE4All) Forum in New York.

The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF) and the Government of Mali, has launched the Renewable Energy in Africa: Mali Country Profile.

At its governing body meetings this week, the Climate Investment Funds (CIF) unanimously endorsed Ghana’s ambitious investment plan to transform and promote its renewable energy sector.

The Board of Directors of the African Development Bank Group (AfDB) has approved a US $7.03-million operation to support economic and financial reforms in Guinea Bissau.

The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, April 29, 2015, a USD 50 million investment in CEC Africa Investments Limited, a multinational power company headquartered in Nigeria and Zambia. CEC Africa (CECA) seeks to acquire and develop distribution and transmission assets and complementary greenfield generation projects throughout Sub-Saharan Africa. By investing across the energy value chain (generation, transmission, and distribution), CECA aims to reduce electricity losses while improving the overall economics in Africa’s power sector.