- Both organisations are in talks over creating opportunities for clean energy investments.
- The virtual meeting will be held on 22 August 2022.
The African Development Bank (AfDB), in partnership with the International Finance Corporation (IFC), is set to address clean energy financing in Africa. Both organisations plan to hold a virtual meeting with several private sector investors across the continent.
The meeting will discuss how development institutions and the private sector can better finance energy deficit mitigation on the continent. It will be held on 22 August 2022.
On the agenda will be the financing of hydrogen and renewable energy and the role of energy efficiency in achieving the net zero target. In this context, Kevin Kariuki, AfDB Vice President in charge of Power, Energy, Climate and Green Growth, will review the strategy of his financial institution in Africa.