Germany & USA pledge $50 million to AfDB’s Energy Fund at Africa Climate Summit

Germany & USA pledge $50 million to AfDB’s Energy Fund at Africa Climate Summit

Germany & USA pledge $50 million to AfDB’s Energy Fund at Africa Climate Summit

The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) welcomes approximately $50 million in new funding contributions from Germany and the United States. The contributions will serve to boost its position as one of the continent’s leading climate finance facilities.

The funding was announced on Tuesday, 5 September at a high-level event organised by SEFA during the Africa Climate Summit held in Nairobi, Kenya.

For more information, please see https://www.ecofinagency.com/finance/1209-44842-germany-usa-pledge-50m-to-afdb-s-energy-fund-at-africa-climate-summit

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