GEAPP and partners launch $100 million fund to support renewable energy projects in Africa

The Sustainable Energy Fund for Africa (SEFA) is a special fund managed by the African Development Bank that provides catalytic finance to unlock private sector investments in renewable energy and energy efficiency. SEFA aims to contribute to universal access to affordable, reliable, sustainable, and modern energy for all in Africa, in line with the UN Sustainable Development Goal 7 and the Paris Agreement.

The Asian Development Bank (ADB) is a regional development bank committed to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. ADB supports projects in developing member countries through direct loans, guarantees, equity investments, and technical assistance.

The Global Energy Alliance for People and Planet (GEAPP) is an initiative focused on accelerating clean energy transitions in emerging economies to combat climate change and expand energy access. They invest in renewable energy projects and technologies to drive sustainable development.