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BGFA was set-up in 2019 on the initiative of the Swedish Government, building on the successful, award-winning initial pilot phase in Zambia, the Beyond the Grid Fund for Zambia (BGFZ). BGFA is an ambitious multi-year, multi-donor funding facility that aims to kick-start markets for clean, off-grid energy in Sub-Saharan African countries. It works through a combination of an innovative results-based financing mechanisms for energy companies, close cooperation with governments and real-time data collection and analysis.
The Beyond the Grid Fund for Africa is managed by Nefo as Facility Manager, and implemented by REEEP as Implementation Manager.
Estimated Deployed Capital
$2.5M
Development Stage
N/A
Location
Helsinki, Finland
Branches
N/A
Investor Type
Government Initiative
Ticket Size
N/A
Geographical Focus
N/A
Industry Focus
N/A
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