Central Energy Fund
Central Energy Fund is a South African state-owned institution that ensures proper use of energy to meet the energy needs of South Africa, the Southern African Development Community and the sub-Saharan African region, as well as indulging in controlling of oil, gas, low-smoke fuels, electrical power, solar energy, biomass, wind and renewable energy sources. CEF also ensures the development and flow of the oil and gas assets and operations of the South African government. The institution is derived from the CEF Act of South Africa. CEF makes sure that security of energy supply of South Africa and SADC through cooperation and partnership is being promoted.
In 2021, CEF's revenue was estimated to be around US$0.94 billion.