AfricaGoGreen Fund (AGG) Grant
In context
This call is open to large companies, non-profits and social enterprises and 2 others, at scale-up and mature. Coverage is read from the notice itself: Africa.
Senior and mezzanine debt, guarantees, and credit lines for energy efficiency and renewable energy projects across Africa, targeting green transport, housing, appliances, and industrial efficiency. Eligible applicants include non-financial institutions and local financial institutions via partnerships, with flexible tenors up to 10 years.
About this grant
AfricaGoGreen Fund (AGG) is an initiative established on behalf of the German government and implemented by KfW, aiming to drive private investment that reduces greenhouse gas emissions across Africa. The page describes a fund with roughly USD 233m in total commitments, a Technical Assistance Facility of about USD 3.4m, and an anticipated total capital of about USD 310m. The fund addresses the need to scale energy efficiency (EE) and renewable energy (RE) adoption in Africa by providing financing to climate-focused projects while maintaining commercial viability. Its stated objectives include promoting direct climate investment and catalysing local financial markets by demonstrating the commercial viability of green finance through partnerships with local financial institutions. Financing instruments include medium- and long-term senior debt, mezzanine financing, credit lines, and guarantees. Targeted focus areas are green transport (e-mobility, OEMs, charging infrastructure), green housing (energy-efficient new builds and retrofits with certified performance), green appliances and solutions, and industrial energy efficiency. The Technical Assistance Facility supports project preparation, capacity building, and learning-by-doing to support long-term sustainability of the EE/RE ecosystem. This is an investment vehicle rather than an open grant competition; the page does not describe a call for proposals.
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Eligibility
Eligible partners include corporate and industrial entities, SMEs, independent power producers, and local financial institutions developing or financing EE/RE projects (non-financial institutions and financial institutions). Lending is Africa-focused with eligibility across numerous regional markets. Ticket size is up to USD 18 million or local currency equivalent. Tenor is flexible subject to an upper limit of 10 years. The page does not specify further organisation-type, stage, or prior-recipient rules.
Key requirements
- ✓Projects must focus on energy efficiency, renewable energy, green transport, green housing, green appliances, or industrial energy efficiency
- ✓Applicants can be non-financial institutions or local financial institutions via partnerships
- ✓Flexible loan tenors available up to 10 years
- ✓Projects must be located in Africa
Frequently asked questions
- How much funding does AfricaGoGreen Fund offer?
- AfricaGoGreen Fund (AGG) offers up to $18M.
- Who can apply for AfricaGoGreen Fund (AGG)?
- Eligibility covers organisations in AFRICA; large-company, nonprofit, social-enterprise, local-authority, engineering-contractor. See the eligibility criteria above for the full conditions.
Relevant sectors
About this sector
Renewable energy funding covers solar, wind, hydropower, geothermal and bioenergy, from early research to grid-scale deployment. Public money tends to back demonstration, grid connection and access to energy in emerging markets, while procurement notices buy installation, operation and maintenance. Calls often ask for proof of resource assessment, permitting progress and local partners.
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