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Contributor
Aziz Rabbah
Minister of Energy, Mines and Sustainable Development. Aziz Rabbah has been Morocco’s Minister of Energy, Mines and Sustainable Development since April 2017. He previously served as Minister of Equipment, Transport and Logistics for more than five years. Mr Rabbah is a trained engineer, specializing in new information technologies.
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Contributor
Andrew O'Callaghan
Senior Policy and Programme Evaluator, Sustainable Energy Authority of Ireland (SEAI). Andrew O’Callaghan is a Senior Policy and Programme Evaluator at the Sustainable Energy Authority of Ireland (SEAI). He works on developing evidence and data models to assess the impact of national retrofit and energy efficiency programmes. Andrew has a background in applied psychology and carbon management, and has previously worked in behavioural economics and energy modelling. His work supports the design of more effective and inclusive policies to advance Ireland’s climate and energy goals.
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Country report
Dec 2025
China’s Official Energy Finance in Emerging and Developing Economies Case 5. Silk Road fund commitment in African Infrastructure Investment Fund IV
Project overview and impact Africa’s energy sector faces a persistent investment shortfall, with annual clean energy spending needing to grow more than six times by 2035 to achieve net zero emissions by 2050. Equity funds have become an important channel for mobilising capital into markets where project-level financing remains constrained by high costs of capital, currency risk and a shortage of scalable, investable project structures. Against this backdrop, the Silk Road Fund (SRF) committed USD 50 million to the African Infrastructure Investment Fund IV (AIIF4) in 2023. The AIIF4 is a pan-African infrastructure fund managed by African…