ElectriFI was created as a financing scheme to bridge the gaps in structuring and financing, thus stimulating the private sector, and mobilizing financiers in the sector of energy development cooperation. It is a fund for renewable energy investments and energy efficiency with a focus on rural electrification. ElectriFI contribution per project is between EUR 0.5M and EUR 10.0 million (or equivalent local currency). Support can be made available in the forms, including, debt, quasi-equity and equity. ElectriFI provides financial support primarily through risk capital. It does not provide grant funding, concessional loans or other low-cost capital.
Category of Support
Finance » Debt Finance
Donors
European Union (EU)
United States Agency for International Development (USAID)
Users
Private Sector
Description
Locations
Angola
Benin
Botswana
Burkina Faso
Burundi
Cape Verde
Cameroon
Central African Republic
Chad
Comoros
Cote d'Ivoire
Democratic Republic of the Congo
Djibouti
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Gambia
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia
Madagascar
Malawi
Mali
Mauritania
Mauritius
Mozambique
Namibia
Niger
Nigeria
Republic of the Congo
Rwanda
Sao Tome and Principe
Senegal
Seychelles
Sierra Leone
Somalia
South Africa
South Sudan
Sudan
eSwatini
Tanzania
Togo
Uganda
Zambia
Zimbabwe
Egypt
Algeria
Morocco
Libya
Tunisia
Grid Status
Both
Geography
Global
Eligibility
Ticket sizes between €0.5 and €10 million, early projects or pilot phase, own capital is expected to be in the scale of 15-50%
Point of Contact
electrifi@edfimc.eu