Wednesday, March 20, 2019

NDF to take over African energy fund

The Finnish Ministry for Foreign Affairs, the Austrian Development Agency  and the British aid agency DfID are teaming up for the third phase of the Energy and Environment Partnership for Southern and East Africa. 

The donors announce a tender for establishing the partnership as a multi-donor trust fund to be hosted and administered by the Nordic Development Fund.

The assignment consists of two parts: market landscape study and preparation and design of the new fund. The Finnish ministry has concluded that the current administrative arrangement is not optimal for long term sustainability.

The first component involves a mapping study of the renewable energy sector in Southern and Eastern Africa, as well as Zimbabwe and Malawi. It will look at gaps and opportunities in catalytic financing of renewable energy, energy efficiency and clean technology.

The second part is a study of the administration, management and governance setup of the new fund. This will support a “seamless transition” of the programme from the Finnish Foreign Ministry to the Nordic Development Fund by January 2018.

The deadline for the submission of proposals is February 9, 2017.