AfDB’s $40M Zafiri Investment Fuels Decentralized Energy Access in Africa

Decentralized solar gets lifeline as AfDB and SEFA fund Zafiri platform - Africa Sustainability Matters

The African Development Bank (AfDB) and the Sustainable Energy Fund for Africa (SEFA) have committed $40 million to Zafiri, a new investment platform designed to support decentralized renewable energy (DRE) projects across the continent. Zafiri was developed with the World Bank Group and other partners to address a key financing gap in the energy sector: […]

AfDB President launches Liberia Youth Entrepreneurship Investment Bank - Liberia news The New Dawn Liberia, premier resource for latest news

Monrovia, Liberia – The African Development Bank (AfDB) President, Dr. Akinwumi A. Adesina, visits Liberia from July 21 to July 23, during which he will launch a key youth development initiative and receive national recognition for his impactful leadership in development. Dr. Akinwumi Adesina, who has led the AfDB since his election on May 28, 2015, in Abidjan, Côte d’Ivoire, is known for his expertise in development economics and agriculture. H…

AfDB’s $40M Zafiri Investment Fuels Decentralized Energy Access in Africa

The African Development Bank (AfDB) has committed $40 million to a landmark renewable energy initiative designed to expand electricity access across Africa.

AfDB invests $40M in Project Zafiri to expand renewable energy access across Africa - Innovation Village | Technology, Product Reviews, Business

The African Development Bank (AfDB) has approved a $40 million equity investment in Project Zafiri, a landmark initiative designed to accelerate the deployment of decentralized renewable energy (DRE) solutions across Africa. This investment marks a significant step toward closing the continent’s energy access gap, particularly in underserved and remote communities. Project Zafiri is a collaborative effort spearheaded by the AfDB in partnership w…