Sustainable Energy Fund for Africa
The Sustainable Energy Fund for Africa (SEFA) is a multi-donor Special Fund managed by the African Development Bank, housed in the Bank's Renewable Energy and Energy Efficiency Department (PERN) under the Power, Energy, Climate, and Green Growth (PEVP) complex.
It provides catalytic finance to unlock private sector investments in renewable energy and energy efficiency. SEFA offers technical assistance and concessional finance instruments to remove market barriers, build a more robust pipeline of projects and improve the risk-return profile of individual investments.
Since SEFA's launch in 2012, the fund has championed clean energy solutions to alleviate African inequality and poverty while addressing climate change concerns. SEFA's mandate aligns with the Sustainable Development Goal for energy, SDG7, which calls for affordable, reliable, sustainable and modern energy for all by 2030, and with the Paris Agreement. Helping Africa achieve these goals is SEFA's mission.
SEFA's three thematic areas:
The Green Baseload (GBL) thematic area supports the scale-up of utility-scale grid-connected renewable energy generation, with a strong focus on power system stability.
The Green Mini-Grids (GMG) area of intervention aims to accelerate electricity access to underserved populations through programmatic interventions for mini-grid solutions.
The Energy Efficiency (EE) area of intervention aims to remove market barriers to EE investments by enabling environmental interventions and catalytic financing solutions for public and private actors.