NIGERIA: African Development Bank’s Sustainable Energy Fund for Africa approves $500,000 grant for clean energy
- 26 сентября 2019, 14:05
- African Development Bank. News & Events
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF), a new private equity fund developed by All On, a Nigerian impact investment firm financed by Shell. NEAF will make strategic investments in sustainable energy in Nigeria, particularly in the country’s burgeoning off-grid and mini-grid sectors.