Sefa approves seven high-impact projects worth $54m
Published On July 19, 2021 » 652 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI
THE Sustainable Energy Fund for Africa (Sefa), managed by development finance institution, the African Development Bank (AfDB), has approved seven high-impact projects worth US$54 million in 2020, the fund’s 2020 Annual Report shows. The fund also attracted increased donor funding and secured commitments worth $90 million from existing and new donors in the year, including from the German Ministry for Development Cooperation and the Nordic Development Fund, both of which joined Sefa in 2020.

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