REACT 2.0 Ethiopia Round II - Catalysing Climate-resilient Energy Access and Inclusive Finance for Agricultural Transformation

The programme aims to contribute to sustainable socio-economic development and enhanced climate resilience for underserved markets in Ethiopia by catalyzing private sector investment to improve agricultural productivity, food security, and household energy access. The facility complements Ethiopia’s National Electrification Program (NEP 2.0) and National Sustainable Energy Development Strategy (2024–2030), which emphasize the role of decentralized renewable solutions in achieving universal access and climate resilience.

To be eligible for funding, private sector companies must meet the following criteria:  

• Request a grant within the stipulated range. 
• Be legally registered and physically established in Ethiopia as a for-profit company and must have operated for a period of no less than two (2) full accounting years at the time of application.
• Annual turnover for the most recent year should be more than 50% of the grant amount requested. 
• Be a registered (or willing to register prior to the start of the investment), private sector enterprise that is aligned with the focus value chains.

For more information, read the term sheet in the following link.

The applications will be reviewed on a first come first serve rolling basis until all the available grant funds are awarded.

DISCLAIMER

This call for application is not binding upon The AECF and no legal right or obligations arises therefrom. The AECF reserves the right to determine the structure of the selection process, number of short-listed applicants, the right to withdraw from the process, the right to change timetables at any time without notice and reserves the right to withdraw this call for applications at any time, without prior notice and without incurring any liability to indemnify, compensate and/or reimburse any party whatsoever.