Zafiri announces USD 176 million commercial launch to accelerate energy access via the private sector across sub-Saharan Africa
Cote Dlvoire, June 17 -- At the Africa Energy Forum in Cape Town, South Africa, Inspired Evolution announced the USD 176 million commercial launch of Zafiri, a blended permanent-capital vehicle focused on expanding access to electricity for tens of millions of people across sub-Saharan Africa.Inspired Evolution, a leading African climate investment firm, was mandated by the investors to be the investment manager of Zafiri. Founding shareholders include IFC, a member of the World Bank Group; the African Development Bank Group (AfDB), including its Sustainable Energy Fund for Africa (SEFA); The Rockefeller Foundation; Trade and Development Bank Group (TDB Group); Nordic Development Fund (NDF); the John D. and Catherine T. MacArthur Foundation...
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