AfDB, NDF and Partners Launch Off-Grid Energy Access Fund with $58 Million
The funding will help African countries in their household energy sector
August 28, 2018
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The African Development Bank (AfDB), the Nordic Development Fund, and other partners have committed $58 million to support the Off-Grid Energy Access Fund (OGEF). The fund is part of AfDB’s sponsored Facility for Energy Inclusion (FEI), a $500 million debt platform to mobilize capital market funds for innovative energy access strategies.