REACT SSA
Details
The AECF renewable energy financing is US $166 million with US $61 million dedicated to REACT SSA. Eligible techonologies includeRenewable technologies such as hydro-power, solar energy, biomass and wind energy Small, household level solar home systems, comprising of basic lighting, phone charging systems and radios, made available to large numbers of households through pay-as-you-go (PAYGo) systemsLarge solar power stand-alone systems for productive use, comprising of phone charging systems, radio etc. and that can be used at small scale rural based business premises to provide the required power. Larger solar power systems that meet the full range of household needs and are still affordable for low income individualsLarger centralised renewable power systems (mini-grids/ micro grids)/ utility models, with distribution network that meet the full range of household/ business needs and are affordable for low income individualsProduction and/or distribution of cleaner fuels (e.g. ethanol) and energy efficient cook stovesDistribution models that support local entrepreneurship and growth of SMEs within a renewable energy product demand and supply chainInnovative ideas that stimulate “next generation” approaches in renewable energy sectorThe target countries include Burkina Faso, Ethiopia, Kenya, Liberia, Mali, Mozambique, Zimbabwe, Sudan and SomaliaThe REACT SSA competition is open to private sector enterprises with relevant renewable energy businesses in one or more of the seven participating countries.Currently competitions in 5 countries are open for application, they are: Burkina Faso (Deadline: 12 Oct 2018), Zimbabwe (12 Oct 2018), Mozambique (26 Oct 2018), Liberia (19 Nov 2018), Mali (22 Nov 2018.)
Specialization
Geographical Scope
Type of cape Building
Supporting
Funding/Investment/CapBuild type
What’s on offer: Finance on a results based schemeTechnical assistanceLinkage to other businesses for cross learning and with investors for additional financing to replicate the model
Contact
Email: info@aecfafrica.org