The United States Agency for International Development (USAID) Global Development Lab and Power Africa are seeking concept papers for “Global Development Alliance (GDA) Annual Program Statement (APS)” focused on increasing private investment in off-grid energy in Africa as part of the Scaling Off-Grid Energy Grand Challenge for Development.
The Scaling Off-Grid Energy Grand Challenge for Development (SOGE) seeks to accelerate growth in the off-grid energy market to provide 20 million households in sub-Saharan Africa with access to modern, clean, and affordable electricity. However, access to capital and cost of capital remains a key market barrier, severely limiting enterprise growth and the household solar sector’s capacity to scale and mature as an industry.
The main objectives of this partnership are to use public funding to leverage private financing in the household solar market through investor engagement and partnerships while supporting innovative technology solutions and business models across the household solar value chain that provide, or support the provision of, affordable energy access to low-income households and small businesses across sub-Saharan Africa.
USAID may allocate up to $4,000,000 under the Addendum to fund a portfolio of partnerships, with funding for individual partnerships estimated in the range of $500,000 to $1,500,000.
Offer is open to all sub-Saharan Africa and acceptance of proposals closes on April 30, 2017