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Facility for Energy Inclusion (FEI)


Period
2017 - ongoing

Implementing agencies
AfDB

African partners

Names of African partners involved

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

Names of donors involved (incl. IOs
Development Financing Institutions (DFIs) structured with support of SEFA (Governments of Denmark, Italy, UK and the United States)

Geographical scope
Continental

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

Sub Sectors (Electricity)
Electricity system, Grid connected generation, Mini-grids

Type of intervention
Operative program / delivery mechanism (downstream)

Type of technical assistance

Gender focus
No

Climate focus
Yes

Type of financing
Debt

Main objectives
FEI is expected to catalyze energy access for an estimated 3 million people, rooted in the Bank’s New Deal on Energy for Africa. The Facility will seek, through a stream-lined platform, to alleviate the barrier of high transaction costs faced by small scale projects and increase the flow of capital to the energy sector. While playing a catalytic role, the Facility will also seek to operate on a commercial basis.

Main activities
FEI will focus on providing senior and mezzanine debt to off-grid, mini-grid and small scale Independent Power Producers (IPP), i.e. projects with total costs under USD 30 million. The Fund will provide hard and local currency financing.

Comments

Sources
https://www.afdb.org/en/projects-and-operations/project-portfolio/p-z1-f00-063/

Contact information

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