Fund for Africa
AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara
ADB's support will certainly add to an extra 2,162-MW of installed renewable power generation capacity as well as 1.8 million tons of CO2 emission cost savings.
The Bank's investment in Evolution Fund III lines up with its High Five goals, particularly, "Light Up and Power Africa" under its New Deal on Energy for Africa.
Nov 17, 2022 // Markets & Finance News, AfDB, African Development Bank, SUB-SAHARAN AFRICA, Kevin Kariuki, Christopher Clarke, Evolution Fund III, Fund for Africa, Inspired Evolution Investment Management
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