- The African Guarantee Fund establishes a $5 billion guarantee facility to accelerate electricity access
- Initiative supports AfDB and World Bank’s Mission 300 plan to electrify 300 million people in five years
Abuja, Nigeria – The African Guarantee Fund has set up a $5 billion guarantee facility to help the African Development Bank (AfDB) expand electricity access across the continent by financing small and medium-sized businesses involved in distributed renewable energy solutions.
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