
ARPF will provide equity for the development and construction of 10 to 15 greenfield renewable energy projects in Sub-Saharan Africa. (Image source: Marufish/Flickr)
The African Development Bank (AfDB) has approved an equity investment of up to US$25mn in ARCH Africa Renewable Power Fund (ARPF), a US$250mn private equity fund for renewable energy projects across Sub-Saharan Africa