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The RDF Board of Directors yesterday decided to position RDF to help developing countries improve governance of concessions for electric power production and distribution grids. “Electricty generation and distribution will receive significant investments in the future, not only because of the transition to a greener economy, but also as developing countries takes advantage of new technology related to solar and micro-grids and become less dependent on petroleum imports”, says RDF’s Managing Director Aasmund Andersen. RDF will develop a demonstration system and a concept note that will be circulated to stakeholders to help identify a pilot project.
During 2020, the impact of RDF continued to accelarate, as new systems and modules were added to existing ones already in place at government institutions in 12 developing countries. Total revenue mobilized through RDF systems increased by USD 769 Million to a cumulative USD 1,851 Million throughout RDF lifetime. This is very close to our USD 2 Billion moonshot target we aimed for in our strategic plan for 2016-2020. The increase is largely a result of expanding into the collection of coporate income tax using GovIn and TAS in Cameroon. In other areas, RDF impact is not measured by revenue, […]