Africa: COP31 – African Development Bank to Co-Lead Global Electrification Finance Initiative
Antalya, Türkiye, — Africa’s transition to clean energy received a potential boost at COP31 with the announcement of a new international financing coalition, co-chaired by the African Development Bank (AfDB) and World Bank from 2027. The Electrify Now Finance Coalition will bring together governments, development banks and private investors to mobilise funding for electrification in…