Opportunities

Deadline

Africa Tech Summit London has consistently connected leading African tech ventures with global investors in Europe. Our eighth edition at London Stock Exchange on June 7th will once again drive investment forward, showcasing investor ready ventures from across the continent.

With an audience of African focused tech investors, you’ll have the opportunity to showcase your venture, network with other entrepreneurs, and learn from industry experts.

The Global Startup Awards bring together high impact startups and investors from over 100 countries across the globe. The network offers participants the opportunity to meet prospective mentors, partners, clients, and gain access to the latest industry trends.

The purpose of the Challenge is to support the development of innovative solutions likely to promote better access to energy, facilitate the integration of renewable energies and improve the performance of energy operators.
For the two categories, Start-ups and Utilities, the project scope must address one of three themes: universal electricity access and mini-grids, efficient grid management, resilience and decarbonization of power systems.

The LSHS-RBF provides Direct Subsidies (DS) which reduce the overall cost of ownership of SHS for eligible beneficiaries thus addressing the affordability gap and Indirect Subsidies (IS) which aim to provide an incentive for companies to expand and operate in underserved markets.
The programme will run from December 2023 until June 2025 for the Direct Subsidy and up until December 2026 for the Indirect Subsidy.

HETA is exploring a range of context-driven business models that approach energy as a service—paying for electricity delivered rather than equipment installed. This is an open call for concept notes from entities seeking technical assistance and financial support for fundraising activities that will contribute directly towards innovative, market-based approaches to health facility electrification and digital connectivity that can be rapidly implemented and can leverage financing from other partners (private, NGO, public).

Open end

Do you have a mature product or business idea and/or a first prototype for the decentralised renewable energy sector in sub-Saharan Africa?

Startup|Energy’s main value add over is the strong focus on long-term support through continuous, high-quality coaching and building and maintaining a thriving sub-Saharan startup community that will support you over a long period of time.

The facility operates across the off-grid, mini-grid, and grid-connected (utility) sectors. CLASP and Nithio identified six appliance technologies based on their relative maturity and potential to drive development impact – walk-in cold rooms, refrigerators, electric cookers, fans, mills, and solar water pumps.
Facility operations will also generate a foundational data set on appliance market activity and the developmental impacts of appliances, improving our collective knowledge base on appliance performance, national markets, and consumer experience and satisfaction.

The US$12 million Solar Service Providers RBF Facility and the US$3.2 million Clean Cooking Solution Service Providers RBF Facility are designed to compensate off-grid solar companies and clean cooking solutions providers respectively through Result-Based Financing for initial, ongoing incremental, and opportunity costs associated with expansion of operations in the 14 KOSAP Counties.

Are you an innovator, entrepreneur, NGOs, Entrepreneurship Support Organisation, investor, or governmental organisation passionate about making a positive impact in the face of climate change? We invite you to join the Adaptation Innovation Cluster in Tanzania and be at the forefront of building a resilient future for our communities.

CEI Africa invites green mini-grid developers to apply for outcome-based grants that subsidize the implementation of PUE strategies connected to operating GMGs in the target countries: Kenya, Uganda, DRC, Cameroon, Sierra Leone, Madagascar, Mali and Benin. Partnerships with PUE providers, distributors, and manufacturers are encouraged. CEI Africa anticipates launching the official call for pre-qualification in the 8 countries on 5th September 2023.

OPEN will invest up to $100,000 in women-led businesses within the energy sector in Africa, growing their business by providing access to funds and expertise to maximise their impact and profitability.
We are looking for  women-led businesses in the Energy sector with an annual turnover of more than 25,000USD per year and with at least 3 employees.

Working in partnership with Participating Financial Institutions (PFIs), UECCC has put in place a loan programme that enables households and commercial enterprises acquire solar systems on credit.
The objective of the programme is to address the affordability barrier posed by the initial upfront cost of acquiring solar systems.

We invest equity, convertible debt, and debt in early and growth-stage businesses that provide climate-smart solutions, and demonstrate sustainable competitive advantage, good management, and ethical business practices in agribusiness, commercial forestry, renewable energy, water, and waste management.
We seek to maximize inclusive impact through commercially sustainable SMEs.
For Early Stage Businesses, we provide US$ 50,000 – US$ 200,000 in debt, convertible debt, and /or equity, business growth support for max. 7 years tenure.
For Growth Stage Businesses, we provide US$ 100,000 – US$ 1 million in debt, convertible debt and /or equity, business growth support for max. 7 years tenure.

Spark+ Africa Fund is a $70 million impact investment fund that invests in scalable, next-generation companies offering clean, modern distributed energy solutions for cooking to the mass market in sub-Saharan Africa.
It is a true “triple bottom line” impact fund, financing profitable and scalable companies tapping into a massive total addressable market for cooking energy solutions and enabling millions of African families to stay safe and healthy and save time and money.

DEG provides funding of 500,000 to 749,000 EUR, which constitutes a maximum of 50% of the total investment volume. Private sponsors must contribute a substantial share of equity (at least 25% of total investment volume). DEG’s funds must be repaid in the event of success of the company (depending on pre-defined financial criteria such revenue or profit).

Innovations that have already been tested in a specific environment and / or on a limited scale but are not yet utilized by our target group. Limited funding for testing and verifying innovative ideas (proof-of-concept).

The Global Innovation Fund is supporting the development of innovative approaches to solving challenges for people living at the last mile in any sector in any developing country and any type of organisation may apply. This includes social enterprises, for-profit companies, non-profit organisations, government agencies, international organisations, and research institutions in any country.

SCAF provides financial support on a cost-sharing and co-financing basis via private equity funds, venture capital funds and project development companies through its three Support Lines. SCAF does not support individual projects on a one-off basis.

DIV supports groundbreaking ideas to transform lives and maximize USAID’s impact per dollar.

Innovative solutions come in many forms – whether a product, technology, service, or application of a creative business and delivery model. DIV is an open door to USAID – anyone, anywhere can apply at any time. USAID provide flexible, tiered grant funding to test new ideas, take strategic risks, build evidence of what works, and advance the best solutions. We look for solutions that demonstrate rigorous evidence of impact, cost-effectiveness, and a viable pathway to scale and sustainability.

OMDF or the Off-Grid Market Development Fund provides financing to companies and institutions involved in the distribution of solar products (pico-solar products and solar home system kits) with the mission of accelerating access to sustainable electricity in Madagascar.