Fund of funds
Sustainable Energy Fund for Africa (SEFA)
The Sustainable Energy Fund for Africa (SEFA) is a multi-donor Special Fund managed by the African Development Bank Group (AfDB). Established in 2011, SEFA provides catalytic finance to unlock private sector investments in renewable energy and energy efficiency projects across Africa. The fund's overarching goal is to promote a just energy transition and contribute to universal access to affordable, reliable, sustainable, and modern energy services. It offers a variety of financial instruments, including grants, loans, and equity, to support a robust pipeline of clean energy projects and improve their risk-return profile.
Investment focus
- Sectors
- Energy and powerSMEs
- Stages and strategies
- SeedGrowthFund investmentsProject finance
- Regions
- Northern Africa, Eastern Africa, Western Africa, Central Africa, Southern Africa
Fund commitments
- Africa Fund SCSp (Spark+)
- Africa Renewable Energy Fund I
- KawiSafi Fund II
- CrossBoundary Energy Access II
- AGIA Project Development Fund (AGIA-PD)
- Persistent Africa Climate Venture Builder Fund
- Zafiri Investment Vehicle Phase 1
- Africa Renewable Energy Fund II (AREF II)
- ARM-Harith Cities and Climate Transition Fund
- Africa Go Green Fund
Sources
- Partner Researchers, accessed 14 November 2026
- https://armharith.com/arm-harith-achieves-us76-million-first-close-for-its-climate-transition-fund/, armharith.com. Accessed 14 November 2026.
- https://www.ndf.int/what-we-finance/projects/project-database/zafiri-c176.html, www.ndf.int. Accessed 14 November 2026.
- https://persistent.energy/news/persistent-launches-us70-million-persistent-africa-climate-venture-builder-fund-and-5-million-venture-building-facility/, persistent.energy. Accessed 14 November 2026.
- https://kawisafi.com/media-center/kawisafi-announces-90-million-in-approved-capital.html, kawisafi.com. Accessed 14 November 2026.
- https://www.afdb.org/en/news-and-events/press-releases/africagogreen-fund-closes-47m-new-equity-investments-advance-climate-resilience-africa-59083, www.afdb.org. Accessed 14 November 2026.