Today, sub-Saharan Africa is home to three quarters of the global population without electricity. Within the region, as of 2019, 580 million people had no access to energy. Population growth in Africa continues to drive demand for alternative sources of light and power. These sources are necessary across a whole spectrum of uses, from basic electricity requirements to productive power technologies. Clean cooking solutions are also essential to household health and wellbeing.
Over the past ten years, we have supported 145 companies across three regions and 14 countries through our Renewable Energy and Adaptation to Climate Technologies (REACT) portfolio. In this time, our funding commitment has expanded from US$10.9 million in 2010 to US$80.48 million in 2020.
What areas does AECF support?
We are technology agnostic, but we focus our support on the manufacture and distribution of:
Productive use technologies including energy for agriculture, lighting, cooling, commercial and industrial use.
Electrical renewable and decentralised technologies including solar PV, biogas, pico-hydro, biomass technologies, and electrical hybrid systems powered by a renewable energy source.
Clean, cleaner and improved thermal solutions including LPG, ethanol, biogas and briquette-based applications, for domestic, social and productive uses.
Beyond capital, we provide technical support and market development towards realising systemic change. We also improve the operating environment for private sector delivery of access to energy, working closely with in-country, and regional partners.