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Africa Renewable Energy Fund II Achieves €130Mn First Close Target

The Africa Renewable Energy Fund II (AREF II) has achieved its first close at €130 million, following a joint investment of €17.5 million from the Sustainable Energy Fund for Africa (SEFA) and the Climate Technology Fund (CTF) through the African Development Bank (AfDB). AREF II, a successor to the original Fund being managed by Berkeley […]