African Development Bank’s Sustainable Energy Fund for Africa launches call for proposals for new green hydrogen program
In Côte d’Ivoire, the African Development Bank reported that the entity’s Energy Fund for Africa (SEFA) has launched a Call for Proposals under its newly established Green Hydrogen Program (GH), open to private sector entities developing green hydrogen and derivatives projects across Africa.
The Green Hydrogen program, initially capitalized with funding from the German government and approved at the end of 2025, will provide pre-investment financing of up to $20 million for three to five top-ranked projects selected through the Call for Proposals, subject to due diligence.
Financing will typically be through reimbursable grants, for advisory services to contribute to progress towards the Final Investment Decision and/or financial close stages, for example, feasibility studies, engineering design to prepare for procurement, construction and transaction advisory services, the bank said.
“Green hydrogen represents a real opportunity for Africa, both to decarbonize hard-to-abate industries and to build new value chains, while contributing to socio-economic development,” said Daniel Schroth, Director of the Renewable Energy and Energy Efficiency Department, AfDB. “The SEFA Green Hydrogen Program is designed to contribute to the transition of projects from development to bankability, considering the rigor that is required in supporting an emerging sector.”
Category: Hydrogen
