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African Development Bank approves $7 million in Sustainable Energy Fund for Africa (SEFA) technical assistance to transform mini-grid investment in Africa

Content provided by Last updated: 18/12 - 19:10 The Board of Directors of the African Development Bank (www.AfDB.org) have approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the needs of the continent’s fast-evolving renewable mini-grid industry. The Africa Mini-Grid Market Acceleration Programme (AMAP), which aims to boost energy access in remote regions and enhance climate resilience throughout Africa, will include three core components: the implementation of a new and standardised framework for national-scale Mini-Grid Acceleration Programmes (MAPs) in four countries; the design and enhancement of financial de-risking solutions; and support for knowledge, innovation, and skills development activities, including the continuation of the Bank’s Green Mini-Grid Help Desk website.

African Development Bank Group (AfDB) / Press release | African Development Bank approves $7 million in Sustainable Energy Fund for Africa (SEFA) technical assistance to transform mini-grid investment in Africa

African Development Bank approves $7 million in Sustainable Energy Fund for Africa (SEFA) technical assistance to transform mini-grid investment in Africa Africa Mini-Grid Market Acceleration Programme (AMAP)’s overarching aim is to transform the scale of public and private investments in renewable energy mini-grids throughout Africa ABIDJAN, Ivory Coast, December 18, 2020/APO Group/ The Board of Directors of the African Development Bank (www.AfDB.org) have approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the needs of the continent’s fast-evolving renewable mini-grid industry. The Africa Mini-Grid Market Acceleration Programme (AMAP), which aims to boost energy access in remote regions and enhance climate resilience throughout Africa, will include three core components: the implementation of a new and standardised framework for national-scale Mini-Grid Acceler

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