Tag
SUSTAINABLE ENERGY FUND FOR AFRICA
The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan to Transnet, South Africa's state-owned freight and logistics company, to support its recovery and growth, focusing on the rail and port sectors.
AfDB has approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA) to support the renewable mini-grid industry.
AfDB has announced a new $90million donation from Germany, Sweden, others for sustainable energy in Africa.
The African Development Bank (AfDB) has approved the sum of $500,000 grant for the provision of clean energy in Nigeria.