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Access to Energy Fund


Period
2003 - 2018

Implementing agencies
FMO

African partners
Private sector

Names of African partners involved

Donor involvement (incl. IOs)
Multi-donor, Bilaterals involved

Names of donors involved (incl. IOs
FMO and Dutch government

Geographical scope
Regional

Countries where active
Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde Islands, Central African Republic, Chad Republic, Comoros, Congo, Libya, Dem. Republic of the Congo, Equatorial Guinea, Eritrea, Ethiopia, Gabon Republic, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali Republic, Mauritania, Mozambique, Namibia, Niger Republic, Nigeria, Principe, Rwanda, Senegal Republic, Seychelles, Sierra Leone, Somalia Republic, South Africa, South Sudan, Sudan, Swaziland, Tanzania, Togo, Uganda, Zambia, Zimbabwe, Mauritius

Sectors
Renewables, Electricity, Energy Efficiency

Sub Sectors (Electricity)
Electricity system, Grid connected generation, Mini-grids, Stand-alone off-grid

Type of intervention
Operative program / delivery mechanism (downstream)

Type of technical assistance

Gender focus
No

Climate focus
Yes

Type of financing
Equity, Debt, Early stage

Main objectives
The AEF seeks to provide 3.2  million people in developing countries with access to energy services by 2018. By expanding access to energy, the fund aims to boost economic development and alleviate poverty.

Main activities
The fund supports energy generation, transmission and distribution projects in developing countries, ultimately aiming to connect 3 million people by 2018. The fund can either directly invest in or lend to a project or motivate a wider range of investor interest. The funding possibilities include: - Minority shares in equity investments - Loans of up to € 7 million – in euros, US$ or local currencies - Early stage equity to contribute to the high-risk, early stage project development phase

Comments

Sources
https://www.fmo.nl/aef

Contact information
Floor Van Oppen, Fund Manager f.van.oppen@fmo.nl

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