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Grants

The Africa Enterprise Challenge Fund. (AECF) - Renewable Energy and Adaptation to Climate Technologies (REACT) window


 

Donors:  Consultative Group to Assist the Poor (CGAP), Danish International Development Cooperation (DANIDA), Department for International Development (DFID), Government of Canada (GoC), Swedish International Development Agency (Sida)

Donor Countries: Canada, Denmark, Multi-donor, Sweden, United Kingdom

 

Description: To stimulate private sector investment in developing low cost, clean energy and climate change technologies and services, such as solar power, biomass energy, irrigation and crop insurance products for small holder farmers. Every business supported by REACT must demonstrate a positive impact on the rural poor through increased incomes, employment and productivity or by reducing costs.

 

Location:  Sub Saharan Africa

On- or Off-Grid: Off-Grid

 

Geography: Sub Saharan Africa

 

Eligibility: AECF uses a Challenge Fund model where funding is awarded through Competitions. Only private sector companies are eligible to submit their innovative business ideas, and have to comply with the eligibility and selection criteria of each competition

 

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