African Renewable Energy Fund receives $20m equity funding from IFC

May 11, 2026

African Renewable Energy Fund receives $20m equity funding from IFC

December 14, 2017
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[Spread eepBp if you like it]. (Adapted from thinkgeoenergy, 2017) IFC is providing $20 million in equity funding to the Africa Renewable Energy Fund (AREF) managed by Berkeley

[Spread eepBp if you like it].

(Adapted from thinkgeoenergy, 2017)

IFC is providing $20 million in equity funding to the Africa Renewable Energy Fund (AREF) managed by Berkeley Energy, replacing an investor that stepped out. AREF is invested in the Corbetti geothermal project in Ethiopia.

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