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Pan-Africa

AfDB’s private equity fund targets renewables in Africa

AfDB’s private equity fund targets renewables in Africa The African Development Bank (AfDB) has approved an equity investment of USD20-million in Evolution Fund III (EVIII), a pan-African clean and sustainable energy private equity fund. Through Evolution Fund III, the AfDB will mobilise approximately USD400-million into renewable energy and resource-efficiency assets across sub-Saharan Africa over a […]

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