AfDB commits $164m for decentralised renewable energy in six countries

Development finance institution the African Development Bank (AfDB) has approved the Leveraging Energy Access Finance (LEAF) framework, under which it will commit up to $164-million to promote decentralised renewable energy in six African countries. “The $800-million programme will help spur commercial and local currency investments to scale up the activities of decentralised renewable energy companies in Ghana, Guinea, Ethiopia, Kenya, Nigeria and Tunisia.