Sustainable Energy Fund for Africa (African Development Bank)
Opportunity name: Sustainable Energy Fund for Africa (SEFA)
Funder: African Development Bank
Geographic Location: Africa
Contract Value: Applicant/project dependent
Due Date: Ongoing
Summary: The Sustainable Energy Fund for Africa (SEFA) is a multi-donor Special Fund managed by the African Development Bank. It provides catalytic finance to unlock private sector investments in renewable energy and energy efficiency. SEFA offers technical assistance and concessional finance instruments to remove market barriers, build a more robust pipeline of projects and improve the risk-return profile of individual investments. The Fund’s overarching goal is to contribute to universal access to affordable, reliable, sustainable, and modern energy services for all in Africa, in line with the New Deal on Energy for Africa and Sustainable Development Goal 7.
Instruments:
- Technical assistance: Support through grants with a strong focus on activities that will directly unlock investments. Technical assistance grants are available to public and private sector entities.
- Concessional investment: Support through results-based financing, loans, and equity instruments, often blended with African Development Bank investments to close viability gaps.
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