The Africa Renewable Energy Initiative (AREI) is a transformative, Africa-owned and Africa-led inclusive effort to accelerate and scale up the harnessing of the continent’s huge renewable energy potential. Under the mandate of the African Union, and endorsed by African Heads of State and Government on Climate Change (CAHOSCC), the Initiative is set to achieve at least 10 GW of new and additional renewable energy generation capacity by 2020, and mobilize the African potential to generate at least 300 GW by 2030.

Description

The Africa Investment Facility (AfIF), set-up in 2015, is the newest of the EU’s regional blending facilities. The blending facilities are innovative financial instruments that use EU development grants to leverage additional funding from European and regional development financial institutions and the private sector. They help implement key infrastructure and private sector support projects that are critical to sustainable development in partner countries worldwide.

The project is developed as one of the key European responses to the Sustainable Energy for All initiative. The objective of the Africa Energy Guarantee Facility (AEGF) is to provide proper risk mitigation and credit enhancement solutions to facilitate and increase private sector involvement in the African energy sector. Despite the large energy infrastructure gap (in all three areas of: generation, access and efficiency) and the growing demand for energy in many countries, private sector investments and involvement in the African energy sector remain modest.

Energy poverty is a global problem: access to energy services is crucial to meet basic household needs, deliver and access public services, and generate income. Less than 10 percent of Sub-Saharan (SSA) rural households have access to electricity, with an overall access rate below 25 percent. One of the main obstacles for SSA electrification practitioners is the difficulty in obtaining practical and timely knowledge on how to overcome economic, technical, institutional, and political barriers to electrification in their day-to-day work.

The programme will catalyse a market based approach for private sector delivery of solar home system (SHS) products and services. This will lead to improved energy access for people in sub-Saharan Africa currently who are currently without modern energy. The programme will work in 14 priorty countries: Mozambique, Malawi, Zambia, Zimbabwe, Tanzania, Rwanda, Uganda, Kenya, Ethiopia, Somalia, Nigeria, Ghana, Sierra Leonne and Senegal.

The Africa Clean Energy Corridor (ACEC) is a regional initiative that seeks to secure the accelerated development of renewable energy potential and cross-border trade of renewable power within the Eastern Africa Power Pool (EAPP) and Southern African Power Pool (SAPP). The initiative builds upon the strong political commitment of African leaders to strengthen regional institutions and transmission infrastructure, forming large competitive markets and lowering costs across production sectors.

In 2012, in their Declaration on the Program for Infrastructure Development in Africa, African heads of state called for innovative solutions to accelerate infrastructure delivery. After broad consultations with African stakeholders, the African Development Bank established Africa50 as a new investment vehicle. It was designed as an independent infrastructure fund that focuses on high-impact national and regional projects, mostly in the energy and transport sectors, with a particular emphasis on increasing the pipeline of investment-ready projects. 

The objectives of the Access to Basic Services in Rural Areas and Capacity Building Project for Gabon are to expand access to water and energy services in targeted rural areas and to establish mechanisms to improve sustainability of service provision. There are three components to the project, the first component being expansion of access to basic services in rural areas.