Close Menu
Xsum NewsXsum News

    Stay Updated.

    Get the latest Africa-focused business & infrastructure news and more directly to your inbox.

    What's Hot

    Africa eyes $425 billion iron ore boom as countries shift raw minerals to steel industry

    Prembly launches open source fraud intelligence database

    Innovation and resilience are key to the future of engineering in Africa, says Alade

    Facebook X (Twitter) Instagram
    Trending
    • Africa eyes $425 billion iron ore boom as countries shift raw minerals to steel industry
    • Prembly launches open source fraud intelligence database
    • Innovation and resilience are key to the future of engineering in Africa, says Alade
    • SEforALL connects 65,000 consumers as blended finance advances in Africa
    • African Finance Corporation and Italy’s Cassa Depositi e Prestiti SpA (CDP) agree on €50 million financing facility for climate-resilient infrastructure | Guardian Nigeria News
    • Cameroon – African Development Bank Group supports development of integrated industrial zone at Kribi Port
    • International Islamic Trade Finance Corporation (ITFC) and Islamic Republic of Mauritania sign USD 1 billion framework agreement to enhance trade and economic development
    • BusinessDay, Fernhill Digital launches ‘She Means Business’ spotlight on women driving Africa’s economy
    X (Twitter) Instagram YouTube LinkedIn TikTok
    Xsum NewsXsum News
    • African Development Bank
    • Africa Finance Corporation
    • All Africa – Construction & Infrastructure
    • Africa Intelligence
    • Construct Africa
    • More
      • Mining Review Africa
      • Energy Capital Power
      • Sustainability & Climate-Resilient Infrastructure
      • Private-Sector Infrastructure Players
      • Urban Development & Housing
    Xsum NewsXsum News
    You are at:Home»More»Energy Capital Power»SEforALL connects 65,000 consumers as blended finance advances in Africa
    Energy Capital Power

    SEforALL connects 65,000 consumers as blended finance advances in Africa

    Xsum NewsBy Xsum NewsMarch 11, 2026No Comments4 Mins Read1 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Sustainable Energy for All (SEforALL) has connected approximately 65,000 consumers to electricity across Africa since 2020 through the Universal Energy Facility (UEF), a multi-donor results-based finance initiative. This milestone aligns with many governments’ broader strategies to expand energy access through the deployment of renewable energy, and highlights the role blended financing can play in advancing Africa’s clean energy plans.

    SEForAll’s milestone follows the $16.5 million deployment of a mini-grid connecting 10,500 consumers to electricity and approximately $10.5 million in spending on 2,835 large rooftop standalone solar power systems. This investment forms part of the $74 million mobilized through the UEF platform and demonstrates how results-based financing structures are being used to accelerate private sector participation in Africa’s off-grid electrification markets.

    Blended finance: Catalyzing energy access, economic growth and climate action

    With more than 600 million people living without access to electricity, expanding energy access in Africa is a strategic priority for many countries. SEforALL’s UEF aims to address this challenge by mobilizing public and private capital across renewable energy projects. By leveraging blended financing, the facility will have access to a broader pool of capital, strengthening its position to fund projects across the continent.

    In an exclusive interview with Energy Capital & Power, UEF Senior Director Anita Otubu highlighted that projects implemented through the facility have provided electricity access to 3,921 businesses, 26 healthcare facilities and 35 educational institutions. These projects have also advanced the continent’s climate change agenda by reducing greenhouse gas emissions and increasing environmental sustainability.

    “We are focused on demonstrating climate impact, and in total these projects avoided approximately 65,000 tonnes of CO₂ emissions. By leveraging blended financing, we facilitated an additional $20 million in private investment and achieved these results while supporting the livelihoods of 45,000 people,” Otubu said.

    She further explained that “SMEs benefiting from these projects will be able to operate longer and generate more revenue, strengthening economic activity across the communities involved.”

    https://ecpbucket.s3.eu-central-1.amazonaws.com/wp-content/uploads/2026/03/11075822/Anita-Otubu_Voice.mp3

    Expanding off-grid electrification in Sierra Leone

    to buildAmong its advances, SEforALL is moving towards connecting more people to power solutions by expanding its renewable energy portfolio in 2026. The organization’s strategy in Sierra Leone, where only 36% of the population has access to electricity, clearly reflects this.

    SEforAll has issued a call for pre-qualification applications in January 2026 to invite renewable energy companies to participate in the deployment of mini-grids under Sierra Leone’s Off-Grid Renewable Energy Accelerator Program. This government-backed initiative, backed by the European Union and the Danish government, aims to install at least 324 mini-grids and provide more than 25,000 new connections by 2028.

    “Sierra Leone has one of the lowest electrification rates in the world, with most access to electricity concentrated in the capital, Freetown. This limited access hinders rural development and impacts schools and health facilities. Unreliable or absent electricity supply can have serious consequences for lives and livelihoods,” Otubu said.

    Mini-grid programs help address the high costs associated with deploying utility-scale generation, energy transmission, and distribution infrastructure to connect new consumers across the country.

    Beyond UEF: SEforALL advances Mission 300

    SEforAll is also prioritizing the implementation of the World Bank and African Development Bank-led Mission 300 initiative. This is a continent-wide program aimed at connecting approximately 300 million new consumers to electricity. The Mission 300 program has connected 39 million people to electricity across Africa since July 2023, and SEforALL and other partners are looking to expand it further.

    “Achieving SDG 7 requires closing the energy access gap by 2030, and the Mission 300 initiative aims to address half of that challenge and connect 300 million people to electricity. For the first time, international financial institutions and development partners will work together to address the barriers that have historically limited the scale needed to achieve this goal,” said Ortub.

    As African countries step up efforts to close the electricity access gap on the continent, initiatives such as the Universal Energy Facility demonstrate how performance-based financing and mixed capital structures can accelerate large-scale deployment of renewable energy.

    advances Africa Blended connects consumers Finance SEforALL
    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleAfrican Finance Corporation and Italy’s Cassa Depositi e Prestiti SpA (CDP) agree on €50 million financing facility for climate-resilient infrastructure | Guardian Nigeria News
    Next Article Innovation and resilience are key to the future of engineering in Africa, says Alade
    Xsum News
    • Website

    Related Posts

    Africa eyes $425 billion iron ore boom as countries shift raw minerals to steel industry

    March 11, 2026

    Innovation and resilience are key to the future of engineering in Africa, says Alade

    March 11, 2026

    African Finance Corporation and Italy’s Cassa Depositi e Prestiti SpA (CDP) agree on €50 million financing facility for climate-resilient infrastructure | Guardian Nigeria News

    March 11, 2026
    Leave A Reply Cancel Reply

    Top Posts

    African Development Bank Group and Nedbank Group sign multi-billion rand funding partnership to transform housing access and boost African trade

    December 19, 202529 Views

    A United Continent on the Move: Ambassador Kouyateh’s Call for an African Logistics Renaissance

    November 20, 202529 Views

    Eni secures multi-million dollar loan for African FLNG project

    January 26, 202622 Views

    African Development Fund and WHO collaborate to save Sudan’s health system

    November 17, 202521 Views
    Don't Miss
    Africa Finance Corporation March 11, 2026

    Africa eyes $425 billion iron ore boom as countries shift raw minerals to steel industry

    Global demand for iron ore continues to rise as African governments and development finance institutions…

    Prembly launches open source fraud intelligence database

    Innovation and resilience are key to the future of engineering in Africa, says Alade

    SEforALL connects 65,000 consumers as blended finance advances in Africa

    Stay In Touch
    • Twitter
    • Instagram
    • YouTube
    • LinkedIn
    • TikTok

    Stay Updated.

    Get the latest Africa-focused business & infrastructure news and more directly to your inbox.

    About Us
    About Us

    Xsum News is Africa’s digital window into the future of business. We tell stories of innovation, enterprise, and investment that are shaping the continent’s economic rise. African Business, Added Up.

    X (Twitter) Instagram YouTube LinkedIn TikTok
    Our Picks

    Africa eyes $425 billion iron ore boom as countries shift raw minerals to steel industry

    Prembly launches open source fraud intelligence database

    Innovation and resilience are key to the future of engineering in Africa, says Alade

    Most Popular

    African Development Bank praises Algeria’s development model, aims to replicate its success across the continent

    Considering the redefinition of African capital by UBA and Arauba

    G20 Energy Investment Forum brings together Africa’s top finance, insurance and technology leaders

    © 2026 Xsum News. All Rights Reserved.
    • 🌍 About Xsum News
    • 📬 Contact us
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.