• About
  • Advertise
  • Contact
Monday, June 23, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Power

AfDB Fund Secures $64mln Grant From Norway

Vital News by Vital News
November 24, 2022
in Power
0
Share on FacebookShare on Twitter

By Temitope Ponle

The Sustainable Energy Fund for Africa (SEFA), has secured 64 million dollars in grant funding from the Norwegian Agency for Development Cooperation (NORAD).

The Global Energy Alliance for People and Planet (GEAPP) also funded SEFA.

 

RelatedStories

OF PROPHECIES AND REALITIES IN TODAY’S WORLD by Taiye Olaniyi

NDPHC Says Attempts To Achieve Energy Inclusion Facing Frustration, Laments Dwindling Offtake By DISCOs

Power Supply : DISCOs Have Disappointed Us In Performance Expectations – Minister

Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN

This is contained in a statement issued by the Communications and External Relations Department of the African Development Bank (AfDB) on Wednesday.

According to the statement, the announcement came during a panel discussion as part of the just concluded 2022 United Nations Climate Change Conference Summit held in Sharm El-Sheikh, Egypt.

The discussion was titled “Renewable energy for climate action, socio-economic transformation in Africa: the role of SEFA”.

SEFA, a multi-donor special fund managed by the AfDB, provides concessional finance to unlock private sector investments in renewable energy and energy efficiency.

Commenting on the grant, Anne Beathe Tvinnereim, Norway’s Minister for International Development, spoke on SEFA’s ongoing contribution to tackling some of the challenges hindering access to clean energy in Africa.

“Six hundred million Africans lack connection to electricity and 900 million do not have modern cooking stoves.

“With today’s announcement, NORAD – SEFA’s partner since 2018 – increased its contribution to NOK 535 million (54.72 million dollars).”

Also speaking, Joseph Nganga, GEAPP Executive Director for Africa said the alliance was proud to partner with the AfDB to expand access to clean, affordable, and reliable energy for communities across Africa.

“We are leapfrogging polluting energy sources and supporting decarbonisation across the energy sector.

“Together we will focus our efforts on sustainable energy projects with a high potential to be transformative, scalable, and replicable, and we look forward to supporting SEFA to catalyse and leverage additional financing for these pivotal projects,” Nganga said.

Dr Daniel Schroth, AfDB Director for Renewable Energy and Energy Efficiency, spoke on the importance of the grant funding.

“These new contributions to SEFA are a recognition of the critical role played by SEFA in catalysing private sector investments in Africa’s sustainable energy sector.

“They will allow SEFA to further scale-up its investments over the coming years,” Schroth said.

Furthermore, Geoff Sinclair, Managing Director of the Renewable Energy Performance Platform said SEFA played a critical role in catalysing African sustainable energy development.

“SEFA plays a critical role in catalysing African sustainable energy development and convenes an important conversation about how to increase the scale and rate of implementation.

“It was clear that all actors in the sector need to collaborate more to do this, and I am looking forward to following up to put that collaboration into action,” Sinclair said.(NAN/vitalnewsngr.com)

Tags: AfricafundsNorwayPower
Previous Post

2023 : Bello Restates Resolve To Deliver Kogi Massively To APC

Next Post

2023 : Tinubu, Atiku, Obi Shun “The Diaspora Listen” Debate

Vital News

Vital News

RelatedStories

OF PROPHECIES AND REALITIES IN TODAY’S WORLD by Taiye Olaniyi
Opinion

OF PROPHECIES AND REALITIES IN TODAY’S WORLD by Taiye Olaniyi

June 18, 2025
NDPHC Says Attempts To Achieve Energy Inclusion Facing Frustration, Laments Dwindling Offtake By DISCOs
Oil & Gas

NDPHC Says Attempts To Achieve Energy Inclusion Facing Frustration, Laments Dwindling Offtake By DISCOs

May 25, 2025
FG Approves Concessioning Of Ikere Gorge Hydropower Plant, Construction Of New Power Substation In Ibadan
Power

Power Supply : DISCOs Have Disappointed Us In Performance Expectations – Minister

May 22, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN
Power

Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN

May 17, 2025
Dangote Cement Ibese Donates Electrical Materials For Restoration Of Electricity Supply To 21 Communities In Ogun
Power

Dangote Cement Ibese Donates Electrical Materials For Restoration Of Electricity Supply To 21 Communities In Ogun

May 14, 2025
Next Post

2023 : Tinubu, Atiku, Obi Shun "The Diaspora Listen" Debate

Appeal Court Reinstates Binani as Adamawa APC Governorship Candidate

Babachir Lawal, OtherAggrieved Northern APC Christians Endorse Obi-Datti

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Suleiman Replaces Baba-Ahmed As NEF’s Spokesman

Suleiman Replaces Baba-Ahmed As NEF’s Spokesman

2 years ago

Gusau Emerges New NFF President

3 years ago
Nigeria Needs A Statesman With Mission, Vision As Next  President –  Council For Islamic Affairs

NSCIA Felicitates Christians At Easter

2 years ago
UNDERSTANDING RUSSIA’S GREAT PATRIOTIC WAR AND VICTORY By Lawal Sale

UNDERSTANDING RUSSIA’S GREAT PATRIOTIC WAR AND VICTORY By Lawal Sale

2 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu Women
No Result
View All Result

Highlights

NUT: A Stand For Truth, Unity And Progress — Western Bloc Speaks Out On Recent Misleading Press Release By Okun Stakeholders Forum

Shariah Council Condemns Killing Of 12 Muslim Travellers In Plateau

Sierra Leone’s President, Maada Bio, Replaces President Tinubu As ECOWAS Chairman

NDLEA Nabs Woman Travelling To India For Fibroid Surgery With 2.20kg Cocaine

70th Anniversary : NUJ Confers Lifetime Achievement Award On Media Empowerment On Former Kogi Governor, Yahaya Bello

Lagos Police Arrest Notorious Hired Killer, Wasiu Akinwande With 9 Sophisticated Guns

Trending

Committee Of Friends Organises Reception In Honour Of Kogi Head Of Service, Elijah Evinemi
Education

Kogi Polytechnic Dismisses 273 Students Over Poor Academic Performance

by Vital News
June 23, 2025
0

The Academic Board of Kogi State Polytechnic, Lokoja, has asked 273 students to withdraw from the institution...

2024 Trading Year : Dangote Cement Pays N502.6Billion Dividends To Shareholders

2024 Trading Year : Dangote Cement Pays N502.6Billion Dividends To Shareholders

June 23, 2025
Insecurity : Kwara Varsity, Community Impose Restrictions To Tackle Night Robberies, Violent Crimes

Insecurity : Kwara Varsity, Community Impose Restrictions To Tackle Night Robberies, Violent Crimes

June 23, 2025
NUT: A Stand For Truth, Unity And Progress — Western Bloc Speaks Out On Recent Misleading Press Release By Okun Stakeholders Forum

NUT: A Stand For Truth, Unity And Progress — Western Bloc Speaks Out On Recent Misleading Press Release By Okun Stakeholders Forum

June 23, 2025
IGP Reiterates Ban On Public Parade Of Suspects

Shariah Council Condemns Killing Of 12 Muslim Travellers In Plateau

June 23, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kogi Polytechnic Dismisses 273 Students Over Poor Academic Performance June 23, 2025
  • 2024 Trading Year : Dangote Cement Pays N502.6Billion Dividends To Shareholders June 23, 2025
  • Insecurity : Kwara Varsity, Community Impose Restrictions To Tackle Night Robberies, Violent Crimes June 23, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In