THE Beyond the Grid Fund for Africa (BGFA) has called for Proposals inviting off-grid energy companies to compete for results-based funding.
The project to be funded is to bring clean, modern and affordable energy to customers in peri-urban and rural areas of Zambia, Burkina Faso and Liberia.
Helle Lindegaard, Vice President, Head of the BGFA Unit at NEFCO, said the Fund is pleased to launch the first stage of this first Call for Proposals under the planned expansion of the BGFA program into Burkina Faso, Liberia and Zambia.
He said the market scoping confirmed that BGFA funding is bridging a critical financing gap for off-grid energy companies to engage in bringing access to energy to customers living in non-urban areas in these three countries.
“We anticipate active participation in the call and encourage interested energy companies to register on the online system to learn more and start preparing their applications,” said Mr Lindegaard.
In total, some €30 million is offered to qualified, private off-grid energy service providers under three different Country Programs, with funding opportunities split into a number of Funding Windows and Funding Lots.
The contract size is expected to be €1 – 4 million, depending on the target country and individual needs.
Mr Lindegaard said the plan is to have some 15 contracts signed by May 2021, with project implementation starting in August 2021.
Awarded funds will be disbursed during a four-year period. By 2025, it is expected that up to 700,000 off-grid long-term sustainable energy service subscriptions will have been entered into with customers, bringing clean and affordable energy to more than 3.5 million people in peri-urban and rural areas.