The African Development Fund has approved a $24. 5 million grant package for São Tomé and Príncipe, anchoring a landmark $30 million investment that will transform the island nation's energy landscape and accelerate its transition away from costly, polluting diesel power. The Energy Transition. ipe on the Global Electrification Platform (GEP). The funding will support the Energy Transition, Efficiency, and Expansion Project (ETREEP), which seeks to reduce. Enhanced GHG emission reduction and domestic value creation through the uptake of inclusive renewable energy and energy efficiency technology markets Ministry of Infrastructure, Natural Resources and Environment (MINRE), Agência Fiduciária de Administração de Projeto (AFAP), ECOWAS Centre for.
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