Description
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. Issues such as regulatory uncertainties, weak off-takers, and more generally weak business environments dissuade the private sector, and increase the level of transaction costs.
Main Objectives
Main Activities
Outcomes and Impact
Negotiations involved
Type of Intervention
Patnering Entities
Countries Active
Energy Sectors and Subsectors
SDG Focus
Agenda 2063 Focus
Sources
https://www.eu-africa-infrastructure-tf.net/activities/grants/africa-energy-guarantee-fund-aegf.htm
