Overview

The contribution consists of support to a Challenge Fund; REACT (Renewable Energy, Adaptation and Climate Change Technology). REACT - sub-Saharan Africa, is administered by Afica Enterprise Challenge Fund Ltd (AECF). The contribution includes components in eight of Sweden's cooperation countries and the regional strategy for sub-Saharan Africa. The objective of REACT is to stimulate small and medium-sized companies, to develop business models, services and products in renewable energy and ene…

Involved parties

:
-
:
The AECF/Africa Enterprise Challenge Fund
:
The AECF/Africa Enterprise Challenge Fund, Climate & Energy Advisory Kenya Limited
:
  • C01 - Project-type interventions ,
  • B04 - Basket funds/pooled funding (excluding funds managed by international organisations)

Strategies governing the contribution

  1. Burkina Faso 2018-202290,507,000 SEK 14.89% of total
  2. Somalia 2018-202283,751,000 SEK 13.78% of total
  3. Ethiopia 2016-202249,092,000 SEK 8.08% of total
  4. Regional Africa 2022-202641,849,304 SEK 6.89% of total
  5. Regional Africa 2016-202241,280,753 SEK 6.79% of total

Geographical allocation of the contribution

No countries have been assigned to this contribution.

Development areas for the contribution

No development areas have been assigned to this contribution.

Duration of the contribution

November 30, 2017
June 30, 2026
Closed

Committed and disbursed amount

Agreed amount SEK 607,767,938

Paid amount SEK 607,767,936

Paid per year (net value)

  • 2017: SEK 18,000,000
  • 2018: SEK 44,278,049
  • 2019: SEK 96,506,567
  • 2020: SEK 123,586,299
  • 2021: SEK 109,358,687
  • 2022: SEK 43,478,279
  • 2023: SEK 142,457,738
  • 2024: SEK 30,102,318

Sustainable Development Goals

The contributions contribution to the UN's global sustainability goals.

  • Global Goals, goal 1: No poverty
  • Global Goals, goal 17: Partnerships for the goals
  • Global Goals, goal 7: Affordable and clean energy