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African Development Bank Pledges $50 Million to Help Energy Access Companies Tackle COVID-19

The platform will support companies that deploy solar home systems, mini-grids, clean cooking, and other decentralized renewable energy solutions

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The African Development Bank’s (AfDB) board of directors (BoD) has approved a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) to establish the COVID-19 off-grid recovery platform.

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