This paper summarizes the public finance sources and measures to attract private investments in the sector. It also discusses other innovative financing mechanisms designed to raise additional funds, and ways to optimize both private and public, financing methods. Finally, it examines the role of multilateral development banks (MDB) that, in addition to applying their own financing mechanisms, can facilitate large-scale regional energy projects and help raise Africa’s influence and voice in the allocation, administration and absorption of global climate-related resources.