GBE launches financing program for solar energy projects in Ivory Coast

Africa’s energy demand is projected to increase by 80% through 2030. As such, meeting this demand is critical to sustainable economic development and the achievement of SDGs 7 and 13. However, the most challenging aspect of this agenda will be the significant improvement of access to modern and renewable energy in rural areas.

It is for this reason and more that the Green People’s Energy for Africa (GBE) was launched by the German Ministry for Economic Cooperation and Development (BMZ) jointly implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the German Development Bank (KfW).

The initiative aims to support the development of decentralized renewable energy systems in rural regions of Africa with the involvement of citizens, municipal structures, cooperatives, and companies including small and medium-sized enterprises.

As part of the Marshall Plan for Africa, the Green Energy for Citizens (GBE) program, through GIZ is launching a results-based financing program in Ivory Coast that will provide financial incentives for the sale and successful installation of solar systems for productive use. To this end, Ivorian companies marketing solar refrigerators/freezers and solar water pumps for irrigation are invited to submit their applications to qualify for the program.

Interested applicants will be required to provide the following:

• Proof of legal existence of the company (trade register and certificate of non-bankruptcy),
• Tax certificate dated less than 3 months,
• Social security certificate of the last quarter before the date of submission of the file
• Application form for the notice of expression of interest.

Note that the documents for the expression of interest, written in French, must be submitted to the GIZ office at Riviera Golf, opposite the Grand Mosque. For further information click here.

The deadline for submission is Friday, September 10, 2021.