Publication date: 14 December 2020
Submission date: 22 January 2021
Entity: Africa Enterprise Challenge Fund (AECF)
Description: REACT Sub-Saharan Africa (REACT SSA) is a US$61 million project funded by the Swedish International Development Authority (SIDA) to support renewable energy in Sub-Saharan Africa, with a dedicated funding of US$ 8.5 million for Federal Government of Somalia (FGS) and Somaliland. The programme seeks to reduce poverty through a transformational increase in the use of renewable energy by off-grid households in the FGS and Somaliland. Its outcome will be private sector investment and innovation in low cost clean energy and climate change catalysed at scale.
The objectives of the REACT SSA Programme are to:
- Support transformational business models adapted to target markets in order to accelerate access to low cost, clean energy i.e. cleaner fuels, cook stoves, alternatives to grid power.
- Support commercially viable companies and markets in the FGS and Somaliland, out of which 25 percent will be women owned and/or managed.
- Support innovative ideas that stimulate next generation approaches in the renewable energy sector in Sub-Saharan Africa.
- Capture and disseminate lessons on how increased access to clean energy can deliver positive impact on the rural poor, especially women and youth, through: i) business models, ii) improved business environment, through policy influencing and advocacy, and iii) improved business environment through crowding in, replication and copying best practice.
- Stimulate stakeholder engagements for an improved policy, legal and regulatory environment for renewable energy businesses within the FGS and Somaliland.
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