{"id":6472,"date":"2019-11-08T10:28:57","date_gmt":"2019-11-08T07:28:57","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=6472"},"modified":"2026-01-11T05:30:40","modified_gmt":"2026-01-11T05:30:40","slug":"afdbs-sustainable-energy-fund-for-africa-converts-to-concessional-finance-facility","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/11\/08\/afdbs-sustainable-energy-fund-for-africa-converts-to-concessional-finance-facility\/","title":{"rendered":"AfDB\u2019s Sustainable Energy Fund for Africa converts to concessional finance facility"},"content":{"rendered":"\n<p><strong>By&nbsp;Times Reporter<\/strong><\/p>\n\n\n\n<p>The African\nDevelopment Bank\u2019s Board of Governors has approved the conversion of the\nBank-administered multi-donor trust fund Sustainable Energy Fund for Africa\ninto a \u201cspecial fund\u201d.<\/p>\n\n\n\n<p>This is with an aim to\namplify its development impact by allowing it to access a wider range of\nfinancial instruments beyond the current scope of technical assistance.<\/p>\n\n\n\n<p>Currently, SEFA, the\nSustainable Energy Fund for Africa, supports small and medium-scale renewable\nenergy and energy-efficiency projects through early-stage interventions that\nenhance project bankability and access to private sector investments.<\/p>\n\n\n\n<p>Under the new\ndispensation, the fund will focus its interventions on three areas, green\nmini-grids to accelerate energy access to underserved populations, green\nbaseload to support clean generation capacity and energy efficiency to optimize\nenergy systems and reduce energy intensity.<\/p>\n\n\n\n<p>This support will be provided through technical assistance and concessional investments that will improve the bankability of projects across innovative technologies and challenging geographies and crowd-in more commercial investments into the sector\u2026.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.newtimes.co.rw\/business\/afdbs-sustainable-energy-fund-africa-converts-concessional-finance-facility\">Read more>><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By&nbsp;Times Reporter The African Development Bank\u2019s Board of Governors has approved the conversion of the Bank-administered multi-donor trust fund Sustainable Energy Fund for Africa into a \u201cspecial fund\u201d. This is&hellip;<\/p>\n","protected":false},"author":3,"featured_media":6473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[101],"tags":[],"class_list":["post-6472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/6472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=6472"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/6472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/6473"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=6472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=6472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=6472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}