Description
BGFA was set-up in 2019 on the initiative of the Swedish Government, building on the successful, award-winning initial pilot phase in Zambia, the Beyond the Grid Fund for Zambia (BGFZ). BGFA is an ambitious multi-year funding facility that aims to kick-start markets for clean, off-grid energy in Sub-Saharan African countries. It works through a combination of an innovative results-based financing mechanisms for energy companies, close cooperation with governments and real-time data collection and analysis.
Main Objectives
Main Activities
Off-grid energy solutions such as mini-grids and solar home systems offer an affordable, reliable, quick-to-deploy alternative to grid extension.
Funding geared specifically towards developers of micro-grids.
Outcomes and Impact
Flexible payments for solar lighting
A mini-grid for Ngwerere
Annual Budget (in millions)
0.00
Currency Used
Euro
Patnering Entities
Countries Active
Energy Sectors and Subsectors
Electricity
Renewable Energy
Clean Cooking Energy
Agenda 2063 Focus
Aspiration 1: Inclusive Growth and Sustainable Development
Sources
https://beyondthegrid.africa/
