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Press Release: CrossBoundary Access’ Blended Finance Model Attracts $10 Million for Mini-Grids from African Development Bank’s Sustainable Energy Fund for Africa (SEFA)
Africa’s first blended finance facility for mini-grids, CrossBoundary Access, announced $10 million in new funding commitments from the African Development Bank (AfDB) Sustainable Energy Fund for Africa (SEFA).
- Categories
- Energy, Environment, Finance
- Region
- Sub-Saharan Africa
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The Overlapping Impacts of Off-Grid Solar: Four Ways Innovative Funding Can Enable the Sector to Advance Global Climate and Poverty Goals
How can the off-grid solar sector achieve its energy access and climate-related goals? Laura Fortes and Drew Corbyn at GOGLA argue that there’s one clear answer to that question: more and better finance. They discuss four ways innovative funding models can enable the sector to rapidly and radically accelerate progress toward universal energy access and other development goals.
- Categories
- Energy, Environment, Investing, Technology
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Press Release: More Than 1.1 Billion African People Unlikely to Have Access to Clean Cooking Fuels and Technologies by 2050, New Study Predicts
A new Loughborough University study on clean energy accessibility in Africa forecasts that 1.1 billion people will be without eco-friendly cooking fuels or technologies by 2050.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Report: Climate Change Undermines Nearly All Sustainable Development Goals
Only 15% of the Sustainable Development Goals (SDGs) are on track according to the United in Science report.
- Region
- Global
- Tags
- climate change, renewable energy, research, SDGs, water
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African Development Bank Approves $104 Million in Funding to Improve Power Supply in Eastern Ethiopia
The project promises substantial benefits for commercial and industrial operators.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: African Development Bank’s Sustainable Energy Fund for Africa Welcomes $50 Million in New Commitments from Germany and USA at Africa Climate Summit
SEFA is a multi-donor Special Fund that provides catalytic finance to unlock private sector investments in renewable energy and energy efficiency.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: Masdar and Africa50 Join Forces to Accelerate Clean Energy Transition Across Africa
Ahead of COP28, Masdar commits to unlock 10 gigawatts (GW) of clean energy projects for millions of people across Africa by 2030.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- accelerators, infrastructure, renewable energy, scale, solar, wind
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Press Release: New Paper Highlights the Critical Role of Off-Grid Solar Technologies in Powering Climate Adaptation and Justice
Off-grid solar is the quickest and least cost way to electrify 55% of the 675 million people living with no energy access today.
- Categories
- Energy
- Region
- Sub-Saharan Africa