EEP Africa Newsletter 

27 June 2019


Annual Report 2018 

EEP Africa is proud to publish the first Annual Report since its transition to a multi-donor fund hosted by the Nordic Development Fund (NDF). The report highlights the new project portfolio and plans for the future, while also showcasing EEP Africa’s cumulative achievements since 2010. 

During 2018, EEP Africa introduced new financing instruments and an enhanced results focus on the Sustainable Development Goals. An extraordinarily successful Call for Proposals resulted in 28 new projects approved for financing with a total portfolio size of EUR 14 million. Investor Forums were held in Cape Town and Nairobi. A Knowledge Exchange Forum was held in Kigali and an in-depth study on Opportunities and Challenges in the Mini-grid Sector in Africa was produced.

Download the EEP Africa Annual Report here.


Investor Forum in Cape Town

EEP Africa organised a successful matchmaking event for investors and renewable energy companies in Cape Town, South Africa on 13 May. The Investor Forum introduced a select group of EEP Africa-supported companies and projects to investors to spur follow-on investments in the clean energy sector. Investors representing venture capital, impact finance, private equity, DFIs and financial institutions participated in an afternoon of project pitches, matchmaking and deal flow identification.


EEP Africa at African Utility Week

EEP Africa played an active role at African Utility Week (AUW) on 14-16 May in Cape Town, South Africa. At the Renewable Energy Innovation Hub, EEP Africa organised a side event on early stage financing and launched a booklet on its new portfolio. Several EEP-financed project developers also had speaking slots during the week, including Waste Transformers, Windlab, Talbot & Talbot, and Vitalite.  (See an interview with Vitalite, the EEP 2018 Project of the Year, at AUW here.)

EEP Africa is proud that East African Power (EAP) won the award for best Small-scale Sustainable Energy Project (under 5MW) for its EEP-financed Rubagabaga hydropower project in Rwanda.

To stay up-to-date on EEP Africa's involvement in events like this, follow us on Facebook, Twitter and LinkedIn.

EEP Africa Presents its New Project Portfolio   

From a total of 530 applications received under its 14th Call for Proposals, 28 early stage clean energy projects were selected for funding and began implementation in early 2019.

EEP Africa’s diverse new portfolio is presented in a booklet that introduces the projects and their respective project developers. The portfolio includes projects in 13 countries that are piloting and disseminating the latest technologies in biogas, cookstoves, hydropower, solar PV, solid biomass, waste-to-energy and wind power. The projects range from feasibility studies to scale-ups of successful models, from individual home systems to power plants that feed into the national grid.

Download the EEP Africa Project Portfolio 2019 booklet here.


Gender-themed Call for Proposals Attracts Wide Interest 

EEP Africa held a gender-themed 15th Call for Proposals with the aim of promoting leadership and economic opportunities for women across the clean energy sector. Women are disproportionately affected by energy poverty and underrepresented in the renewable energy sector. The goal of this themed call was to attract applications with innovative approaches to gender inclusion, while also supporting core business objectives and growth.

A total of 285 applications were received by the deadline of 2 April in this highly competitive call. After a thorough evaluation process, shortlisted applications were invited to the Full Proposal stage at the end of May. Funding decisions will be announced during the second half of the year.

Read more about EEP Africa's guidelines for this call. 

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EEP Africa is hosted and managed by the Nordic Development Fund, with funding currently provided by Austria, Finland and NDF. Implementation support is provided by KPMG Finland.

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