EEP team spreading the word on CfP 14 in Nairobi and Lusaka events

EEP Africa hosted a Question and Answers session on the 14th Call for Proposals (CfP14) for over 30 people at the EEP regional hub office in Nairobi on Tuesday 12 June. The event was kicked off with the EEP CfP14 video and followed by an interactive questions and answers on the EEP Africa Innovation window. A lot of interesting questions were made by interested project developers and hopefully all questions were answered. You can check the FAQs of the call on the website for more information or reach out to the EEP team through cfp@eepafrica.org

In Lusaka, EEP joined the two-day Zambia Off-Grid Investor Forum organized by Alliance for Rural Electrification and GOGLA, and supported by RECP. On Wednesday 12 June, EEP Head of Portfolio and Finance participated in a panel discussing financing for off-grid solutions and was able to share information about the open CfP14 to the conference audience consisting of local and regional project developers as well as investors and other sector players. EEP also shared experiences on off-grid projects in the region focusing on the importance of developing successful business models and on the current critical barriers of the sector.

The project developers participating in the forum were highly interested in the open CfP14. During the two days EEP held one-on-one discussions with countless project developers and answered questions on eligibility and application procedures. Many projects had already started their application process and wanted to ask details on the process going forward.

EEP wants to thank all project developers for their interest in both events. We are looking forward to receiving high quality applications from Kenya and Zambia. A big thank you to the organisers of Zambia Off-Gird Investor Forum who created a successful event that provided relevant information about the Zambian off-grid market that is developing rapidly at the moment.

The interest for CfP14 has been significant and the EEP team is doing its best to answer all questions.  We encourage all interested project developers to visit CfP14 page to learn more about the call for proposals and application procedures. Please read the application guidelines and other relevant documents carefully before you apply to make sure you qualify.Interested applicants have until June 28 at 13h Helsinki time to submit proposals.

Join our online webinar or Q&A sessions in Nairobi and Lusaka

Interested in taking part in EEP Africa’s Call for Proposals 14, but still having some questions? Join our team on Tuesday 5 June from 3 to 4 pm Helsinki time in a webinar to get your question answered! In this webinar we will discuss frequently asked questions on the call and provide the opportunity to participants to ask specific questions to the EEP team directly.

Register here for the webinar >>
Please feel free to send your questions, comments and feedback in advance to cfp@eepafrica.org.

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Are you in Nairobi or Lusaka and want to meet our team face-to-face? Please joins us for a Q&A session on Tuesday 12 June from 10 to 11.30am in Nairobi (KPMG Office, 8th Floor, ABC towers, Wajyaki Way) or on Wednesday 13 June from 2 to 4 pm at the Zambia Off-Grid Investor Forum 2018 (Radisson Blu Hotel Lusaka).`

Register here for the Nairobi Q&A session >>

Register here for the Zambia Off-Grid Investor Forum to join our Lusaka Q&A session>>

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The 14th EEP Africa Call for Proposals invites applications from early stage off-grid and on-grid clean energy projects in active development phase in Southern and East Africa. We are looking for projects with strong Concept Innovation, Development Impact and Business Model & Financial Sustainability. Find more information and guidelines here >>

EEP Africa CfP14 Goes Live in Cape Town

A new video release and a panel of past EEP Africa grant recipients mark the launch of the latest EEP Africa Call for Proposals

With a well-attended event on the first day of Africa Utility Week (AUW) in Cape Town, the Nordic Development Fund (NDF) and the EEP Africa team officially opened the EEP Africa Innovation window for new proposals. Guidelines and a launch video for the latest call can be accessed here. Interested applicants have until June 28 at 13h Helsinki time to submit proposals.

The Energy and Environment Partnership covering Southern and East Africa (EEP Africa) is a multi-donor fund hosted by NDF and providing early stage grant and catalytic financing to innovative clean energy projects, technologies and business models. It operates as an open, competitive challenge fund through regular rounds of Calls for Proposals (CfPs). Current funding partners include Austria, Finland and NDF.

Kicking off the event, Wim Jonker Klunne, Lead Coordinator for EEP Africa told the audience, “Coming straight from a panel on minigrid development just prior to this launch where two of the other panelists came from the EEP Africa portfolio, it is very clear that we have been able to advance projects on the ground with real impact, and we see a very clear signal that EEP Africa financing remains critical to the development of the clean energy sector in the region.”

“We have been working toward this day for more than 18 months. Thanks to so many people and partners for bringing us here,” said Charles Wetherill, NDF Manager for the EEP Africa Fund. “The next step is up to you in the audience, the project developers. Bring your best ideas, and let’s get to work on the next generation of innovative clean energy businesses, projects and technologies supporting sustainable and inclusive green growth in Southern and East Africa.”

EEP Africa was first launched in 2010 under the leadership of Finland with co-financing from Austria and the UK. It has been at the forefront of efforts to fast track clean energy access and sustainable and inclusive green growth across the Southern and East Africa region, channelling more than EUR 57 million to 200+ pioneering projects leveraging clean energy technologies and business models to transform lives and livelihoods for the very poor.

 EEP projects have improved energy access for close to a million households, contributed to more than 8,000 new jobs, of which more than 3,000 accrued to women, resulted in more than 1.3 million tonnes of direct CO2 equivalent greenhouse gas (GHG) emissions reductions and leveraged more than €150 million in additional investment.

 The event also saw the release of a new EEP Africa video and featured a panel of past recipients of EEP Africa financing including Marius Hugo, Managing Director at Mean Sea Level, a wave energy developer in South Africa, Dan Klinck, CEO at East Africa Power, a hydro power developer in Rwanda, Prosper Magali, Director for Business Development at Ensol Energy, a minigrid developer in Tanzania and Rehema Nakyazze, CEO at UgaStove, a clean cook stove manufacturer in Uganda.

 The event came one day after the latest EEP Africa Investor Forum which put investor representatives together with EEP Africa project developers for an afternoon of pitches, matchmaking and deal flow identification.

For more information and updates on future EEP Africa CfPs and investor events, please follow this space or get in touch at info@eepafrica.org.

Photo credit: True Story Studio

   

EEP Africa Investor Forum in Cape Town spotlights deal flow

EEP Africa hosts investor representatives and EEP Africa project developers for a matchmaking session at the start of Africa Utility Week in Cape Town

14 May 2018, Cape Town, South Africa – A group of clean energy sector investors representing venture capital, impact finance, private equity, DFIs and financial institutions came together with EEP Africa project developers one day before the start of Africa Utility Week (AUW) in Cape Town for an afternoon of pitches, matchmaking and deal flow identification.

The Energy and Environment Partnership covering Southern and East Africa (EEP Africa) is a multi-donor fund hosted by NDF and providing early stage grant and catalytic financing to innovative clean energy projects, technologies and business models.

The Investor Forum is an EEP Africa flagship event. Investors looking to identify deal flow opportunities can access a pre-screened pipeline of clean energy projects stemming from the EEP Africa portfolio. EEP Africa project developers with proven clean energy business models and projects poised for construction have a chance to start a conversation with potential investors.

“EEP Africa is more than a series of one-off projects that start and stop with a grant,” touted Charles Wetherill, NDF Manager for the EEP Africa Fund. “Our added value is taking the first step, bearing the early risk and developing a pipeline of investible clean energy businesses, projects and technologies. We know there is impact capital looking to identify opportunities in clean energy. We have the pipeline and are looking to make actionable connections for investors and developers in one stop.”

Lauri Tuomaala, Head of Portfolio and Finance for EEP Africa, added, “when projects come through EEP, we get to know them in detail. We know how they operate, we see ideas tested, we know the management and at the end of the day we have a lot of confidence putting them in front of the investor community.”

EEP Africa was launched in 2010 under the leadership of Finland with co-financing from Austria and the UK. It has been at the forefront of efforts to fast track clean energy access and sustainable and inclusive green growth across the Southern and East Africa region, channelling more than EUR 57 million to 200+ pioneering projects leveraging clean energy technologies and business models to transform lives and livelihoods for the very poor.

NDF launched a new phase of EEP Africa in 2018 with the facility restructured as a multi-donor trust fund, fully aligned with the 2030 Sustainable Development Goals (SDGs) and the Paris Climate Agreement. The new phase also opens up a new financing window for EEP Africa with EEP Catalyst, a blended finance investment window providing follow-on financing to select EEP projects stemming from the grant phase.

 EEP Catalyst provides concessional co-financing in the form of loans and subordinated loans to catalyse and unlock new investment in EEP projects and close gaps in financing plans. Project selection focuses on cases which can demonstrate a clear rationale for additionality, crowding-in new investors, commercial viability, development impact and sustainable business practices.

For more information and updates on future EEP Africa investor events, please follow this space or get in touch at info@eepafrica.org.

Photo credit: True Story Studio

EEP Africa at African Utility Week 15-17 May

We warmly welcome you to join the EEP Africa Call for Proposals Launch at the African Utility Week in Cape Town on 15 May. The event takes place at 16:30 in the Workshop area 1. Please see more information here and remember to register for a free exhibition pass to enter the event. At the Launch you will have an opportunity to meet the EEP team, learn more about the application process and hear first-hand experiences from former EEP project developers.

In addition to the official Call for Proposals Launch, the EEP team is hosting an exhibition stand at the African Utility Week during the three days of the expo. Please come visit us at stand J11 to discuss the financing opportunities and details of the Call for Proposals and hear more about EEP. On Wednesday 16 May from 9:00 to 12:00 the EEP team has specifically reserved time to answer questions on the Call for Proposals.

EEP Africa joins a road show with NDF around the Nordic region

EEP Africa, along with the Nordic Climate Facility (NCF) will be featured by NDF in a series of climate and development finance road show events around the Nordic region during the month of May. Both funds offer early-stage project financing for projects with a climate focus. On the road show EEP will be introducing the next Call for Proposals which opens on 15 May 2018.

The schedule below presents the events where NDF will be participating in Sweden, Denmark, Finland and Iceland. By clicking on the links you will find more information on the events, including agendas and instructions on how to register.

We strongly encourage Nordic renewable energy businesses to join the events and learn more about the upcoming EEP Africa Call for Proposals as well as other climate and development financing opportunities.

The EEP Africa Call for Proposals will be officially launched at African Utility Week on 15 May at 16:30. Please find more information on the event and welcome to join us in Cape Town!

NDF encouraged discussion on blended finance at COP23

Leveraging public financing to scale up progress on Sustainable Development Goals (SDGs) and Nationally Determined Contributions (NDCs) was the theme of a COP23 side event and panel discussion hosted by the Nordic Development Fund (NDF) on Tuesday 14 November in Bonn. Pasi Hellman, NDF’s Managing Director, kicked off the event at the Nordic Pavilion where Nordic finance institutions showcased their work: “We are actively leveraging NDF’s wide array of financing instruments to support delivery of the SDGs and NDCs in our partner countries”.

The conversation was anchored around a presentation of results and vision for the next phase of EEP S&EA as a concrete case study illustrating precisely the role of well targeted donor commitments catalysing private sector engagement on the SDGs and NDCs. The phase III of EEP S&EA will be launched in January 2018 as a multi-donor trust fund under the overall leadership of NDF and fully aligned with the SDGs and NDCs for the countries of the region.

NDF highlighted that EEP has established a strong brand for delivery, impact and effectiveness and committed more than EUR 50 million in direct financing to more than 200 pioneering projects leveraging clean energy technology and innovative energy access business models to transform lives and livelihoods and support the growth of a vibrant green economy in the region. EEP Programme Director Wim Jonker Klunne participated in the events and provided background on the results achieved by EEP. He also highlighted the role of young entrepreneurs within the portfolio and the partnerships formed with other initiatives to advance the sector.

The event was moderated by Charles Wetherill from NDF and brought together representatives from EEP donors MFA Finland and ADA as well as a group of panelists including Sheila Oparaocha from the ENERGIA International Network on Gender and Sustainable Energy (ENERGIA), Mahua Acharya from the Global Green Growth Institute (GGGI), Monojeet Pal from the African Development Bank (AfDB) and Naeeda Crishna Morgado from the Organisation for Economic Cooperation and Development (OECD).

The importance of blended finance arrangements and risk sharing between the public and private sector for scaled-up impact was emphasized by the panelists throughout the event as well as the need for linking youth and women to capital. Wetherill closed the event pointing out the annual USD 2 trillion gap (see OECD report) between actual public financing flows and what developing countries need to achieve the SDGs and commitments from the Paris Climate Agreement. “We quite simply have no choice. To close this gap and achieve these goals, we must blend our financing with other stakeholders.”

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Photos: NDF/Joel Sheakoski

EEP Project of the Year Award topped off KEF Kampala

More than 90 enthusiastic EEP project developers, investors and other professionals in the field of renewable energy and energy efficiency gathered on 11 October in Kampala to meet peers and exchange new ideas. The 6th EEP Knowledge Exchange Forum was built around inspiring presentations and discussions, encouraging participants to active networking and sharing of experiences. The intense day reached its climax with the announcement of the EEP Project of the Year 2017 Award winner.  

Private sector’s potential must be harnessed effectively

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Esther Nyanzi from UNREEEA kicked off the day by speaking about their important mission to improve business environment for renewable energy and energy efficiency companies in Uganda and contribute to sustainable development. After that, the invited keynote speaker, Chairman of Simba Group Patrick Bitature gave a powerful speech about investments in renewable energy in Uganda. Mr. Bitature praised EEP as a true partnership and urged local companies to show their innovations and bravely search for funding opportunities. He also encouraged African and foreign companies to collaborate, in order to facilitate skills transfer. According to his words “Private sector should start with what they have got, fail, get up and start again. We cannot depend on donors forever”.

EEP Grant Manager Fred Eklund shared the current status of the project portfolio, highlighting the excellent results and the life-changing impacts the projects are achieving across sectors, countries and project types. Variety of the projects has proven to be one of the greatest strengths of EEP, making the programme stand out in the region. EEP Programme Director Wim Jonker Klunne continued with presenting hydropower projects in the EEP portfolio and the panel on hydro shared their thoughts about barriers and possibilities in the African hydropower sector.

Partnering and knowledge sharing throughout KEF

After the lunch GOGLA and EUEI PDF (sharing on RECP and ElectriFI) provided brochuresinteresting insights into supporting mechanisms for renewable energy projects and highlighted the need for early-stage funding through EEP as well as the added value in partnering and sharing information on funding opportunities.

In addition to several networking breaks, the round-table discussions offered the participants a chance to share their own experiences about innovations in the business model; challenges and lessons from product distribution; regulatory and policy framework; productive use of energy; and ideal team composition for reaching best results in energy projects. The participation in the round-tables was very active and room was full of discussion.

EEP Project of the Year Award 2017

For the fourth time since 2014, EEP selected the Project of the Year among the three shortlisted projects who were invited to give a presentation at the KEF. The competition was very tough as 15 successful project developers had submitted an application for the award. The Project of the Year title was finally awarded to the Kampala-based company Green Bio Energy. The winner convinced the EEP jury with the remarkable results that they have achieved with their energy-efficient cookstoves and eco-friendly briquettes.  Green Bio Energy has up to date affected the lives of 750,000 Ugandans, reduced 265,000 tons of CO2 emission and created permanent jobs for over 250 people. GBE’s annual growth in sales is forecast to be 25 %, and the company is poised to continue its expansion in Kampala and Mbale areas. Green Bio Energy hoped that this award would support them in achieving even better results and a greater impact.

Biolite

This year’s winner GBE will be seen in the world’s leading startup event Slush Helsinki in November, where they will get a valuable opportunity to create contacts with international investors and mingle with other startup companies.

The other two great finalists were Absolute Energy with a solar PV mini-grid project electrifying a remote island of Kitobo in Lake Victoria, and BioLite whose innovative cookstove solution addresses multiple energy needs (ie. cooking, phone charging and lighting) simultaneously. All the finalists have shown great business potential, and we can be sure to hear more about them in the future.

 

Towards EEP Phase III

The last Knowledge Exchange Forum of the second phase of EEP was closed with the donors’ insights into the achievements of EEP Phase II and introduction to the future of the new EEP Multi-donor Trust Fund starting its operations in the beginning of 2018. The donors humbly thanked all project developers for their committed efforts in advancing the goals of EEP.

Presentations:

More presentations from KEF Kampala will be added soon.

 

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