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The African Development Bank Group’s Sustainable Energy Fund for Africa (SEFA) has secured new investment commitments totalling nearly €50 million.
The commitments, made by the governments of Germany and Italy, were announced at a COP30 side event held at the Africa Pavilion on 14 November. Germany committed €14 million to support SEFA’s universal energy access goal, and €30 million for the new SEFA green hydrogen programme, reflecting the strategic importance of this emerging sector for Africa’s decarbonisation and industrial development. Italy also announced a new contribution of €5 million to the fund.
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