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Support investments in renewable energy and energy efficiency


Period
2010 - ongoing

Implementing agencies
AFD

African partners
Other public body, Private sector

Names of African partners involved
Cooperative Bank of Kenya

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

Names of donors involved (incl. IOs
AFD, EU

Geographical scope
Country

Countries where active
Kenya

Sectors
Renewables, Electricity, Energy Efficiency

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

Type of intervention

Type of technical assistance
Dialogue and networking, Information and analysis, Project preparation / implementation

Gender focus
No

Climate focus
No

Type of financing
Debt

Main objectives
To develop the part of renewable energies in Kenya's energy mix by developing the use of agro-industrial energy for these forms of energy; reduce the country's energy intensity by stimulating agro-industrial investment and the hotel sector in energy efficiency projects; encourage local banks to diversify their lending business to finance this type of project.

Main activities
The project is composed of two complementary elements: Component 1: bank credit open to Nairobi banks for the financing of renewable energy development projects either for self-consumption or for connection to the electricity distribution network, or including a significant energy efficiency component in the agribusiness and hospitality sectors. Component 2: An assistive technology (AT) specialized in conducting renewable energy and energy efficiency projects. This component is intended to support investors and banks in a new area that they are not familiar with.

Comments

Sources
https://www.afd.fr/fr/soutenir-les-investissements-dans-les-energies-renouvelables-et-lefficacite-energetique

Contact information
afdnairobi@afd.fr

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