- Enabling environment/capacity building for project proponents
- Development of pre-feasibility studies
- Development of feasibility studies
- Project financial structuring
- Matchmaking with investors and funders
The Sustainable Energy Fund for Africa (SEFA) is a multi-donor Special Fund managed by the African Development Bank. 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. The Fund’s overarching goal is to contribute to universal access to affordable, reliable, sustainable, and modern energy services for all in Africa, in line with the New Deal on Energy for Africa and Sustainable Development Goal 7.
SEFA is currently at full capacity and unable to accept any new project applications. However, the SEFA team has encouraged project proponents to visit their website for future updates regarding when they will be able to accept new project applications again.
SEFA supports interventions across three strategic priorities:
- Green baseload: Increasing the penetration of renewable energy in power systems, with a strong focus on power system stability, and delivering alternatives to fossil-fuel baseload generation options.
- Green mini-grids: Accelerating electricity access to underserved populations through clean energy mini-grid solutions.
- Energy efficiency: Improving the efficiency of energy services delivered through a variety of technologies and business models, also including clean cooking and pico-solar technologies.