Project Development Fund Grant
In context
This call is open to startups, small and medium-sized businesses and large companies and 3 others, at idea and R&D stage, prototype and pilot stage and pre-seed. Coverage is read from the notice itself: Africa.
Africa50's Project Development Fund supports the development of investment-ready infrastructure projects across Africa in energy, ICT, and transport sectors, partnering with public and private entities to advance projects toward financial close. The fund targets infrastructure developers and project sponsors seeking technical and financial support to mature early-stage projects into bankable investments.
About this grant
This grant supports early-stage development of infrastructure projects across Africa in renewable energy, electric mobility and grid modernisation. It aims to create investment-ready projects that can attract further funding and address the continent's infrastructure gap. Nonprofits, social enterprises, local authorities and consortia can apply. Projects must be located in Africa and demonstrate potential to reach bankability or investment readiness. The fund accepts applications from idea and research stage through to prototype, pilot and pre-seed phases. Grants are available to support project development work that moves proposals towards a state where they can secure investment financing.
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Key requirements
- ✓Infrastructure project must be located in Africa
- ✓Project must be in energy, ICT, or transport sectors
- ✓Public or private sector partnership required
- ✓Project must be progressing toward investment readiness and financial close
Frequently asked questions
- Who can apply for Project Development Fund?
- Eligibility covers organisations in AFRICA; startup, sme, large-company, nonprofit, local-authority, consortium.
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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