A new fund established by the African Development Bank could attract $650 million of private money into the sector, according to the lender.The African Development Bank (AfDB) has said a $7 million grant to help the continent's renewables mini grid sector could power up to 80 MW of new generation capacity and attract $650 million of private sector investment. The lender has devoted the money, from its overseas-funded Sustainable Energy Fund for Africa (SEFA), to easing the roll-out of off-grid renewable electricity networks across the continent. The money from the SEFA funding stream - established ...Den vollständigen Artikel lesen ...