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Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News

    AfDB, Denmark Kick-start Sustainable Energy MDTF

    By Eliza Villarino // 18 July 2011

    The African Development Bank and Denmark have agreed to establish a fund that aims to help build technical capacity and promote investment in sustainable energy in Africa over a period of five years.

    The Sustainable Energy Fund for Africa will have a budget of 300 million Danish kroner ($57 million). It is intended to become a multidonor fund.

    Aid from SEFA is completely untied, according to an AfDB press release.

    Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders – emailed to you FREE every business day. 

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    About the author

    • Eliza Villarino

      Eliza Villarino

      Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.

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