World Bank allocates $300 million for renewables & clean cooking projects in Africa

The World Bank has allocated nearly $300 million to the Eastern and Southern African Trade and Development Bank (TDB) to boost distributed renewable energy and clean cooking projects.

This initiative is part of the $5 billion Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) program, which aims to provide electricity to 100 million people in Africa and achieve Sustainable Development Goal 7.