Swedish development finance institution Swedfund has committed Є15 million to the Africa Renewable Energy Fund II (AREF II) to finance the build-out of renewable energy projects in a sustainable way. AREF II will invest in sub-Saharan Africa and has a strong focus on least developed countries and an investment strategy that includes Angola, Cameroon, Kenya, Madagascar, Malawi and Uganda. The technology focus will mainly be small- and medium-sized run-of-river hydropower projects complemented...