Sustainable Energy Fund for Africa is a multi-donor trust fund managed by the African Development Bank that aims to catalyse private sector investments in renewable energy and energy efficiency projects across Africa. It focuses on providing catalytic finance and technical assistance to support clean energy projects.

Sustainable Energy Fund for Africa

Sustainable Energy Fund for Africa (SEFA) | 5,814 followers on LinkedIn. Accelerating the energy transition in Africa | 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.

Global Development Innovator

Zach Bloomfield

Consultant at African Development Bank Group

Leopold Ruppert

Seymur Cabbarov

Sustainable Energy Fund for Africa (SEFA)

🌍 In Cape Town tomorrow? The EvTalks SA event will be held at Hotel Sky! Join us for a deep dive into the role of International Renewable Energy Certificates (I-RECs) in Africa’s #cleanenergy landscape. Our own Benjamin Curnier from the African Development Bank Group ’s Sustainable Energy Fund for Africa (SEFA) will share his insights on how #IRECs are shaping the continent’s #energytransition . 🌱🔋 ✨ EvTalks brings together industry experts, policymakers, and innovators to explore renewable energy certification and sustainable solutions. This event will cover crucial topics, including how I-RECs provide a verifiable pathway to track and certify renewable energy usage, drive investment in sustainable projects, and support African countries in meeting climate goals. Participants will learn how I-RECs empower businesses and governments to transition to greener, more sustainable practices across the continent. 🌞🌍 The event offers a unique opportunity to connect with leaders in the field, gain insights into renewable energy certification, and learn about the latest trends in Africa’s energy transformation. 🤝💬 A networking session will follow, allowing you to engage directly with experts and other attendees passionate about clean energy solutions. 🌐✨ 📅 Date: November 6, 2024 📍 Location: Hotel Sky, Cape Town 🕒 Time: 9:00 AM – 5:00 PM (Networking event to follow) Event organiser: Evident For more details and registration, visit https://lnkd.in/eH3bDbg8 #EvTalksSA #SEFA #CapeTown #RenewableEnergy #CleanEnergy #SustainableAfrica #AfDB #IRECs #EnergyTransition #ClimateGoals #AfricaEnergyWeek

Let's start the week (and the month!) positively with an impressive milestone! 🌟🇲🇿🌍💡 The African Development Bank Group and the Sustainable Energy Fund for Africa (SEFA) proudly support Mozambique's path to #cleanenergy by approving a $54 million loan for the country's first wind energy project, of which $12 million is from SEFA. 💨🌬️ This is part of a larger financing effort that also includes contributions from the IFC - International Finance Corporation , the U.S. International Development Finance Corporation , the Emerging Africa & Asia Infrastructure Fund , and the Private Infrastructure Development Group's Technical Assistance. The total project cost is estimated at $224.5 million. This funding will support the construction and operation of a 120 MW wind farm in the southern province of #Inhambane , enhancing energy access and sustainability. 🌬️⚡ Why is this significant? The Namaacha wind farm will diversify Mozambique's energy mix, currently dominated by #hydropower and #gas , and contribute to socio-economic growth and job creation. Notably, the project is expected to generate 331.6 GWh and reduce CO₂ emissions by approximately 71,816 tons annually, advancing Mozambique's commitments under the #ParisClimateAgreement . 🌱✨ Expected impacts of this project include: 🌍 Creation of 600 jobs during construction, focusing on gender and youth inclusion—120 roles targeted for women and 300 for youth. 🌱 Reduction of #greenhousegasemissions , contributing to #climateaction and #environmentalsustainability . 🔒 Strengthened energy security and diversification of energy sources. 💡 Encouragement of further investments in renewable energy infrastructure. Mozambique's national electricity utility, Eletricidade de Moçambique, will be the sole off-taker from the wind farm, located 50 km west of #Maputo , under a 25-year power purchase agreement. #Renewableenergy is more than just meeting power needs; it fosters inclusive development, creates opportunities, and ensures a greener, more equitable world. SEFA's dedication and the collective effort of all stakeholders continue to fuel Africa's clean energy revolution, inspiring projects that drive positive change. Let's celebrate this achievement and keep championing impactful energy solutions together! Your support and involvement make all the difference. 🙌 To know more: https://lnkd.in/dwr6cSKB #M300 #SEFA #SustainableEnergyFundForAfrica #Mozambique #WindPower #AfDB #AfricaDevelopment #GreenTransition #EnergyAccess #EmpoweringAfrica #PoweringAfrica #Impact #RenewableEnergy #Sustainability #EnergyTransition #ClimateAction #ClimateChange #GreenEnergy #JobCreation #CommunitySupport #EnergySecurity #SustainableDevelopment #Innovation #CleanEnergyInvestment

🌞 Advancing Zambia’s Renewable Energy Capacity 🇿🇲🌍 The African Development Bank Group Sustainable Energy Fund for Africa (SEFA) has approved an $8 million concessional loan to support the development of the 25MW Ilute Solar PV Plant in Zambia’s Western Province. This project, led by Serengeti Energy Africa and Western Solar Power Limited , will be one of the first to use Africa GreenCo as an intermediary off-taker under Zambia’s open grid access framework. The plant will generate solar power to be sold on the Southern African Power Pool (SAPP) Day-Ahead Market, providing sustainable energy and contributing to regional renewable energy access. Key details: • 25 MW #solarphotovoltaic (PV) plant in #Sesheke District. • Financing: $8 million SEFA #concessionalloan . • Partners: Serengeti Energy, Western Solar Power Ltd, Africa GreenCo. Expected impact: • Demonstrate electricity trading business model through SAPP. • Enable the private sector to realise Zambia’s solar potential. • Reduce carbon emissions and boost regional renewable energy access #energysecurity . The project has faced financial challenges due to the pandemic, and SEFA’s concessional financing under the COVID-19 IPP Relief Programme ensures its viability. “We appreciate the support from the African Development Bank Group and SEFA in helping us move the Ilute 25MW Solar PV project forward. This loan addresses the financial challenges we’ve faced due to the pandemic and rising costs. The Ilute project is a testament to innovative collaboration and serves as a pioneering model for future renewable energy initiatives in Zambia as well as the wider region,” said Anton-Louis Olivier, CEO of Serengeti Energy. For more details on the project, visit the Zambia Ilute Solar PV Project Summary: https://lnkd.in/dD7nmXYB #RenewableEnergy #SolarPV #CleanEnergy #Zambia #SustainableDevelopment #EnergyTransition #SEFA #AfricanDevelopmentBank #AfricaGreenCo #IluteSolarPV

🌞💡 Big news for #RenewableEnergy in #BurkinaFaso ! 🇧🇫🌍⚡ The African Development Bank Group ’s Sustainable Energy Fund for Africa (SEFA) has just approved €6 MILLION for the Dédougou 18MW Solar PV Project! 🌞✨ This is a major step towards powering up #communities , promoting #sustainabledevelopment , and driving forward the #DeserttoPower initiative! 💪🏽🌿 By boosting #cleanenergy access and reinforcing energy security, this project will transform lives across Burkina Faso. It’s about bringing reliable and affordable power to people while fostering economic growth and resilience! ⚙️🏗️ 🔋 This initiative is not only about green power – it’s also about creating opportunities! 🌱 New jobs, skill development, and infrastructure that support a cleaner, brighter future. A big shoutout to all partners involved – #SEFA , #AfDB , FMO - Dutch entrepreneurial development bank , and the incredible team at Qair Group 🌟 for making this possible and being champions of #EnergyTransition and #ClimateAction ! 👏🏽🌏 📈 Let’s continue to drive #SustainableEnergy , light up the Sahel, and inspire more #ImpactfulProjects like this across the continent! 💡🌞 To know more 👉 https://lnkd.in/dM74UV3h #SolarPower #Renewables #DesertToPower #EnergyAccess #AfricaRising #GreenGrowth #CleanEnergy #AfDB #PoweringAfrica #ClimateChange #Sahel #SustainableFuture #Development

🚨 Today's the Day! 🚨 Join us at 3:00 PM CEST (1:00 PM GMT) to launch the State of the Global Mini-Grids Market Report 2024. 🌍 Damilola Ogunbiyi will give the opening remarks, with Benjamin Curnier, SEFA Principal Green Mini-Grids Officer, participating as a speaker alongside other #minigrid experts. Register here 👉 https://lnkd.in/eiMxtPS8 The report's key insights include the following: 📈 Mini-grid installations in 2024 are projected to be 6x higher than in 2018, with solar PV's share soaring to 59%. 💸 Funding has surged to $3.1 billion, but there's a need for more local currency financing and better reporting standards. 🔋 PV and battery costs continue to fall, making mini-grids more cost-effective. Download the full report here 👉 https://lnkd.in/dgxsVaZ3 #MiniGrids #RenewableEnergy #EnergyAccess #SEforALL #GreenEnergy #GlobalMarketReport #SEFA #Africandevelopmentbank #energyforall

🌍✨ The African Development Bank Group Sustainable Energy Fund for Africa (SEFA) 2023 Annual Report is out! It highlights our unwavering dedication to accelerating private sector investments in #RenewableEnergy and #EnergyEfficiency across #Africa . 🔋💡 In 2023, SEFA approved nine projects with a combined funding of USD 72 million, expected to generate 2,840 MW of new renewable energy capacity ⚡, create approximately 1.3 million new electricity connections 🔌, reduce 8.4 million tons of CO2 emissions 🌿, and create around 160,000 new jobs 👷♂️👩🔧. These efforts underscore SEFA's commitment to addressing critical energy challenges, powering homes and businesses 🏠🏢, and fostering economic growth 📈 and #ClimateResilience 🌍. 🤝🌿 SEFA's success is made possible through strong partnerships and the unwavering support of our donors: Ministry of Foreign Affairs of Denmark , Federal Ministry for Economic Cooperation and Development (BMZ) , Norad - Norwegian Agency for Development Cooperation , Sida , Foreign, Commonwealth and Development Office , Power Africa , USAID , Ministero dell'Ambiente e della Sicurezza Energetica , Ministry of Economy, Trade and Business , the Nordic Development Fund (NDF) , and The Global Energy Alliance for People and Planet (GEAPP) . We are excited to continue our journey towards a brighter, more sustainable future for all Africans. 📥 Check out the full report here: https://lnkd.in/dPEHUAG6 #SEFA #SustainableDevelopment #ClimateAction #GreenEnergy #SustainableFuture #Africadevelopment #SDG7 #Energytransition #Energyforall #PoweringAfrica #AfDB #AfricanDevelopmentBank

Kevin KARIUKI , African Development Bank Vice President for Power, Energy, Climate Change, and Green Growth opened the 8th Africa Energy Marketplace (AEMP8) in Nigeria this week, themed “Towards Nigeria's Sustainable Energy Future”. #AEMP8 highlighted the collaborative efforts needed to achieve the country’s National Integrated Electricity Policy and Strategic Implementation Plan. Kariuki emphasised the critical juncture of Nigeria's energy sector reform, stating,“We envisage that the reforms underpinned by #AEMP8 and the 2023 #Nigeria Electricity Act will lay the foundation for addressing tariffs, revenue collection, regulatory issues and system losses to generate sufficient revenue.” These reforms are expected to unlock adequate investments in generation, transmission, and distribution networks so that by 2030 all Nigerians have a quality power supply. Wale Shonibare , Director of Energy Financial Solutions, Policy, and Regulation at the African Development Bank, moderated the session on "National Policy Objectives: Sustained NESI Recapitalization." He expressed enthusiasm for the event's success, saying, ”Day 1 of the 8th Africa Energy Marketplace in Abuja has been a tremendous success! The discussions were insightful, focusing on key themes such as universal access, capitalization, reliability, climate change, and creating an enabling environment for business. The collaborative dialogue we've had today lays the groundwork for transformative policy changes that will shape Nigeria's energy sector.” Learn more about the Africa Energy Market Place: https://bit.ly/3wuTniF #AEMPNigeria #PowerAfrica #SustainableEnergyFuture

African Development Bank Group

🌍 Excited to share our latest report, "Accelerating Private Sector Investments in Green Mini-Grids," highlighting the potential and challenges of Distributed Renewable Energy ( #DRE ) in #Africa . 🌱💡 Discover innovative strategies and the crucial role of sustainable mini-grids in driving energy access across the continent. Let's power up sustainable development together! 🚀 🔗 https://lnkd.in/dwqDUBqB #GreenEnergy #SustainableDevelopment #RenewableEnergy #MiniGrids #EnergyAccess #SEFA #AfDB #ARE #AREEAIF #EAIF #SEFA #AFDB Goran Lima João Sarmento Cunha Benjamin Curnier Robert Aitken Jens Jæger David Lecoque Ling Ng

✨ Big News: Launching the Africa Energy Sector Technical Assistance Program (AESTAP)! 🚀 We're super excited to kickstart a game-changing initiative—the Africa Energy Sector Technical Assistance Program ( #AESTAP )! Our mission? To spark major advancements in #energyaccess across #Africa and gear up for a #sustainableenergy future. 🌍💡 🔥 Why AESTAP? AESTAP is designed to provide African countries with crirtical knowledge and technical assistance support to formulate sustainable energy solutions, and attract public and private investments to deliver energy access. Our focused strategy will unfold across four dynamic pillars: 📘 Knowledge, Data and Policy Dialogue ⚙️ Power Sector Policy, Regulation, and Planning 🌱 Sustainable Utility Transformation 🌐 Regional Integration and Power Market Trade 🌟 Spotlight on #SEFA : Backing our vision, SEFA has invested USD10 million to fuel the early stages of AESTAP. This collaboration is set to bolster the institutional prowess of Regional Member Countries, ensuring a smooth and fair energy transition. 🌞🔋 🌱 Join us in this electrifying journey to illuminate Africa's future. Let's connect, innovate, and transform. 💼🤝 🌟 Let's Light Up and Power Africa Together! 🔗 To learn more about AESTAP and delve deeper into our initiatives, check out our latest newsletter: https://lnkd.in/d2xcQq44 #AESTAP #EnergyForAll #InnovateAfrica #SustainableEnergy #SEFA #AfDB #AfricanEnergyForum #PoweringAfrica

SEFA

ORG:SEFAAFRICA

Sustainable Energy Fund for Africa

Financials Not Available