Noticias

Inicio / Noticias / La AECF lanza un fondo de innovación de 1,2 millones de dólares destinado a las energías renovables

La AECF lanza un fondo de innovación de 1,2 millones de dólares destinado a las energías renovables

Fecha: 19/03/2021

Fuente: KBC Kenya´s watching

The African Enterprise Challenge Fund (AECF) has launched a US$1.2 million (Kshs. 132 million) Innovation Fund to unlock the potential of renewable energy that will create new business opportunities in Africa.

The funds targets innovators in the green energy space from Kenya, Burkina Faso, Ethiopia, Liberia, Mali, Mozambique, and Zimbabwe.

AECF, chief executive Victoria Sabula, says the fund will support solutions that reduce the negative impacts associated with the use of traditional cooking options at the household and institutional levels, build climate change resilience among communities and support productive uses such as water pumping, agro-processing, cooling, and refrigeration services.

“The Innovation Fund is key to enhancing large scale transformation within local communities. Investing in affordable and accessible renewable energy solutions can create jobs, grow economies, and build more sustainable livelihoods. Through the fund, we hope to unearth new ways that renewable technology – be it domestic, communal, or commercial – can be used to generate income and create jobs,” said Sabula.

Applicants are required to demonstrate how their proposed innovations will transform livelihoods of low-income households through creation of jobs and diversification of livelihoods.

The funds aligns to the goal number seven of the Sustainable Development Goals which targets to ensure universal access to reliable and sustainable energy by the end of the decade.

“With half of the African continent without access to electricity, and two-thirds lacking access to clean cooking solutions, additional investment is needed to drive innovation and accelerate the uptake of modern energy,” Sabula added.

The Innovation Fund builds on AECF’s Renewable Energy and Adaptation to Climate Technologies (REACT) initiative, which was launched to support the private sector develop and expand its clean energy technologies to Africa’s rural communities.

The Fund will invest in technologies that meet market needs as well as accelerating the development of existing solutions to better serve African communities and not technologies in the prototype stage.

The deadline for the applications is set for 29th April 2021.

Otras Noticias
Convirtiendo el Sahara en una granja solar

    Fuente: Geographical    Whenever I visit the Sahara I am struck by how sunny and hot it is and how clear the sky can be. Aside from a few oases ther...

El BERD otorga un préstamo de 430 millones de dólares a la sucursal marroquí de CaixaBank

  Fuente: Le Matin.ma   La Banque européenne pour la reconstruction et le développement (BERD) soutient la résilience des petites entreprises marocaines fa...

Tánger Med superará la marca de 5,7 millones de contenedores el 31 de diciembre de 2020

Fuente : H24info   L’activité conteneur du complexe portuaire Tanger Med devrait dépasser au 31 Décembre 2020 la barre des 5,7 millions de conteneurs EVP ...

El BAfD lanza una convocatoria de propuestas para la adaptación al cambio climático

La dotación de la primera Ventana de Acción por el Clima es de 258 millones de dólares....