Africa and Denmark Join Forces to Promote Investment in Sustainable Energy
13 September 2012
Justmeans.com: Denmark has a long history with Africa. From the 17th to 19th centuries, the relationship was primarily that of colonizer and colonized, as the small European nation established several trading posts and forts along west Africa's Gold Coast.
But today, the Scandinavian kingdom is developing a very different kind of relationship with Africa. Last year, the Danish government committed DKK 300 million (USD 56 million) to establish the Sustainable Energy Fund for Africa (SEFA), a joint initiative of Denmark and the Energy, Environment and Climate Change Department (ONEC) of the African Development Bank (AfDB), a regional multilateral development bank that promotes the socio-economic development of Africa.