AfDB Invests $20m in Private Equity Fund Targeting Renewable Energy Projects in Sub-Saharan Africa

Abidjan, Ivory Coast, November 17, 2022/ — The Board of Directors of the African Development Bank Group (AfDB) (www.AfDB.org) approved an equity investment of $20 million in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across sub-Saharan Africa over […]