The Global Energy Alliance for People and Planet (GEAPP) South Africa

07.08.2025 - 18:07:40

GEAPP & AFD Group Join Forces to Support Local Financial Institutions in Africa in Support of Mission 300

New initiative positions Africa's public and private development banks as strategic enablers of clean energy accessThe collaboration will bolster African financial institutions' ability to support clean energy projects by enhancing their technical and financial capacity, facilitating scalable investments in off-grid technologies and grid infrastructure.GEAPP and AFD Group's combined investments will support the localization of access to credit lines, accelerate project implementation, and mobilize additional resources from public, private, and philanthropic partners towards clean energy access financing.and follow us on Twitter at @EnergyAlliance.

About AFD Group
AFD Group finances and drives the transition to a fairer, safer and more resilient world, working with its partners to support communities all over the world. Drawing on the complementary strengths of its entities – Agence Française de Développement for public financing, Proparco for responsible private investment, and Expertise France for technical expertise – the Group is ideally positioned to meet all sustainable development challenges.

Working in over 160 countries, including France's Overseas Territories and Departments, the Group adapts its operations to the realities on the ground, actively supporting local initiatives. With over 4,000 projects, whose objectives are aligned with the Sustainable Development Goals (SDGs), AFD Group works on behalf of the French people, together with all stakeholders committed to economic development and the preservation of common goods: climate, biodiversity, peace, gender equality and global health. Working by your side, toward a world in common.