AFDB discloses a $12bn power plan for Africa

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*The African Development Bank (AFDB) has unveiled plan to invest $12 billion over the next five years under its new electrification programme.*

The fund will support its New Deal on energy for Africa which aims to achieve universal access to Africa by 2025.
The plan was born out of the Energy Week conference held in Abidjan, Ivory Coast in March which brought stakeholders together to discuss methods of improving energy access.

Until recently, the AfDB and other organisations regarded off-grid …

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