AfDB, Irena to jointly advance Africa’s energy transition

The International Renewable Energy Agency (Irena) and the African Development Bank (AfDB) will jointly support investment in low-carbon energy projects, a move which is expected to advance Africa’s energy transition. The two entities have signed a declaration of intent to coordinate on a range of activities, including co-organising renewable energy investment forums as part of Irena’s contribution to the Climate Investment Platform, and collaboration on the AfDB’s yearly flagship Africa Investment Forum event.