• About
  • Advertise
  • Contact
Tuesday, October 14, 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

Myself, Wike, State Lawmakers, Have Agreed To Bury The Hatchet, Fubara Says As He Resumes Office

NISO Blames Collapse Of National Grid On Tripping Of A Generation Company

Abia Secures $750mln World Bank Support For Renewable Energy

FG Awards Contracts Worth N68.7bln For Power Projects In Universities, Teaching Hospitals

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

Myself, Wike, State Lawmakers, Have Agreed To Bury The Hatchet, Fubara Says As He Resumes Office
News

Myself, Wike, State Lawmakers, Have Agreed To Bury The Hatchet, Fubara Says As He Resumes Office

September 19, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN
Power

NISO Blames Collapse Of National Grid On Tripping Of A Generation Company

September 10, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN
Power

Abia Secures $750mln World Bank Support For Renewable Energy

August 21, 2025
Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN
Power

FG Awards Contracts Worth N68.7bln For Power Projects In Universities, Teaching Hospitals

July 31, 2025
President Tinubu Meets Chairmen Of GENCOS, Pledges To Resolve N4 trillion Longstanding Debt Claims
Power

President Tinubu Meets Chairmen Of GENCOS, Pledges To Resolve N4 trillion Longstanding Debt Claims

July 25, 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

Bandits Kill 7 Persons In Katsina

Kogi Police Command Confirms killing Of Three Officers By Gunmen

1 month ago
Kogi HoS, Evinemi Felicitates With Christians At Christmas

Eid-el-Adha : Kogi HoS, Dr Evinemi Felicitates Gov. Ododo, Civil Servants, Muslim Ummah

4 months ago
NEPC Says Nigeria Records 20.79% Increase In Non-oil Export In 2024

NEPC Says Nigeria Records 20.79% Increase In Non-oil Export In 2024

8 months ago
LASG, Nordic-Nigeria CONNECT To Collaborate For Sustainable Green Economy

LASG, Nordic-Nigeria CONNECT To Collaborate For Sustainable Green Economy

2 years 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
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election 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 US
No Result
View All Result

Highlights

Gov. AbdulRazaq Donates N180mln To Families Of Forest Guards, Vigilantes killed By Bandits In Kwara

Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire

2027 : Kogi West FGYB Legacy Group Endorses Tinubu, Ododo For Second Term, Hails Achievements

NDLEA Arrests Man For Concealing 127 Wraps Of Cocaine In Pant, Stomach

President Tinubu Departs Abuja For Rome To Attend AQABA Security Meeting

Details Of The Presidential Pardon And Clemency Granted 175 Convicts By President Tinubu

Trending

President Tinubu Commends Ododo For Exemplifying Values Of Transparency, Discipline In Governance
Economy

President Tinubu Commends Ododo For Exemplifying Values Of Transparency, Discipline In Governance

by Vital News
October 13, 2025
0

President Bola Ahmed Tinubu has described Kogi State Governor, Ahmed Usman Ododo, as a pride of the...

BHPF : President Tinubu Approves Immediate Release Of N29,284,145,353.78 To 36 States,FCT

Corruption : An Appeal To President Tinubu To Revisit Controversial Cases Abandoned By Buhari

October 13, 2025
NPFL Descends Heavily On Kano Pillars : ₦9.5mln Fine, 3‑Point, 3‑Goal Deductions For Unleashing Violence Against 3SC Players,, Officials

NPFL Descends Heavily On Kano Pillars : ₦9.5mln Fine, 3‑Point, 3‑Goal Deductions For Unleashing Violence Against 3SC Players,, Officials

October 13, 2025
Gov. AbdulRazaq Donates N180mln To Families Of Forest Guards, Vigilantes killed By Bandits In Kwara

Gov. AbdulRazaq Donates N180mln To Families Of Forest Guards, Vigilantes killed By Bandits In Kwara

October 13, 2025
Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire

Dangote Cement Commissions 100 Billion CFA Francs Cement Plant In Côte d’Ivoire

October 12, 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

  • President Tinubu Commends Ododo For Exemplifying Values Of Transparency, Discipline In Governance October 13, 2025
  • Corruption : An Appeal To President Tinubu To Revisit Controversial Cases Abandoned By Buhari October 13, 2025
  • NPFL Descends Heavily On Kano Pillars : ₦9.5mln Fine, 3‑Point, 3‑Goal Deductions For Unleashing Violence Against 3SC Players,, Officials October 13, 2025

Categories

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