Financing Opportunities for Energy Access Companies in Mozambique - Revision history

Lisafeldmann at 08:21, 3 November 2022

2022-11-03T08:21:04Z

Lisafeldmann at 08:20, 3 November 2022

2022-11-03T08:20:27Z

Ranisha: /* Credit Lines in Place */

2022-07-25T09:31:58Z

Credit Lines in Place

Ranisha: /* Market Development Fund - BRILHO */

2022-06-28T09:18:54Z

Market Development Fund - BRILHO

Lisafeldmann at 13:50, 26 April 2022

2022-04-26T13:50:03Z

Lisafeldmann at 13:49, 26 April 2022

2022-04-26T13:49:38Z

Lisafeldmann at 13:49, 26 April 2022

2022-04-26T13:49:11Z

Lisafeldmann at 13:48, 26 April 2022

2022-04-26T13:48:36Z

Lisafeldmann at 13:48, 26 April 2022

2022-04-26T13:48:14Z

Lisafeldmann: /* Energy Access Fund (A2E) */

2022-04-26T13:47:03Z

Energy Access Fund (A2E)

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 The lack of affordable loans limits the ability of energy access enterprises to manage their inventory levels, give credit to dealers, expand their distribution networks and invest in the marketing of their products. It also limits the ability of SMEs to import larger quantities of stock and thereby secure better price offers from their suppliers. This in turn leads to higher prices that are often unaffordable for low-income groups.<ref name=":0" />
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 '''See also [[End-User Finance in Mozambique|credit lines in place for end-users in Mozambique]].'''
 == Financing Opportunities on a National Level ==

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 [[File:Provincial_distribution_of_bank_branches_in_Mozambique_2019.png|alt=|506x506px]]<br />
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 The lack of affordable loans limits the ability of energy access enterprises to manage their inventory levels, give credit to dealers, expand their distribution networks and invest in the marketing of their products. It also limits the ability of SMEs to import larger quantities of stock and thereby secure better price offers from their suppliers. This in turn leads to higher prices that are often unaffordable for low-income groups.<ref name=":0" />
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 '''See also [[End-User Finance in Mozambique|credit lines in place for end-users in Mozambique]].'''
 == Financing Opportunities on a National Level ==
 There are a number of public funding opportunities, tendering or offering catalytic grants and results-based financing (RBF). RBF is an approach that rewards companies for delivering previously-agreed results. Unlike traditional grant schemes, RBF schemes disburse grant incentives only against achieved results that have been verified. Read more about RBF '''''here'''''.
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 For more information, read [http://proler.gov.mz/&#x20;accessed&#x20;in&#x20;June&#x20;2021 here].
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 Find the latest call for proposals, [https://www.nefco.int/fund-mobilisation/funds-managed-by-nefco/modern-cooking-facility-for-africa/ here].
 == Further Information ==
 * [[Portal:Financing and Funding|Financing and Funding Portal]] on energypedia

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 In 2018, Banco Comercial e de Investimentos (BCI) launched a credit line “Eco Ambiental” for renewable energy production projects. This credit line will be available until 20 December 2024 and has in total 3 million Euros available.<ref>https://www.aler-renovaveis.org/pt/comunicacao/noticias/bci-lanca-linha-de-credito-eco-ambiental/</ref> The credit line also finances energy efficient equipment, if CO2 emissions are reduced for at least 15%, or if renewable energy use is involved. Beneficiaries include private customers, micro and small and medium enterprises (SMEs), single entrepreneurs as wells as large corporations. While individuals can get from MZN 5.000 to 5 million Meticais, companies can get up to 20 million Meticais, at a fixed rate of 15%.<ref>https://www.bci.co.mz/bci-exclusivo-pme/#1619531279903-c3fa3f7c-4114. Accessed in September 2021  </ref>
-'''See also [[End-User Finance in Mozambique|credit lines in place for end-users in Mozambique]].'''
+In March 2020, the TSE4ALLM project collaborated with BCI to offer a USD 1,000,000 credit line for productive uses in agriculture in Mozambique.<ref>TSE4ALLM (2022). UNIDO partners with BCI to finance renewable energy systems for productive uses in rural Mozambique. https://www.tse4allm.org.mz/index.php/en/midia/a-unido-em-parceria-com-o-bci-financia-sistemas-de-energia-renovavel-para-usos-produtivos-na-zona-rural-de-mocambique
 == Financing Opportunities on a National Level ==
 There are a number of public funding opportunities, tendering or offering catalytic grants and results-based financing (RBF). RBF is an approach that rewards companies for delivering previously-agreed results. Unlike traditional grant schemes, RBF schemes disburse grant incentives only against achieved results that have been verified. Read more about RBF '''''here'''''.

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 Businesses can apply for BRILHO’s Market Development Fund financial support ranging from £50,000 up to £1,500,000. Two grants-based mechanisms are offered: catalytic grants and results-based financing (RBF).
-Find more information about this program on '''[[Energy Access Programmes in Mozambique|here in energypedia]]'''  or on their [https://brilhomoz.com/ homepage].
+Find more information about this program [https://brilhomoz.com/ here].
 === Energising Development (EnDev) ===
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 Invitation for bids, requests for expressions of interest etc. are available on the World Bank’s project page, at the [https://projects.worldbank.org/en/projects-operations/project-procurement/P165453 procurement] section.
-Find more general information '''[[Policy Framework and Energy Access Strategies in Mozambique|here on energypedia]]'''.
+Find more general information '''[[Policy Framework and Energy Access Strategies in Mozambique|here]]''' .
 === PROLER (Promoçao de Leilões de Energias Renovaveis) ===
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 A first tender was carried out in 2020. Further tenders for solar PV advisors and consultants to conduct a one-year wind measurement campaign and feasibility studies are expected to be opened in 2021.<ref>http://proler.gov.mz/. Accessed in June 2021. </ref>
-For more information, read '''[[Programas de Acesso à Energia em Moçambique|here on energypedia]]''' or visit their [http://proler.gov.mz/&#x20;accessed&#x20;in&#x20;June&#x20;2021 homepage].
+For more information, read [http://proler.gov.mz/&#x20;accessed&#x20;in&#x20;June&#x20;2021 here].
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 This programme offers grants to companies offering high-tier clean cooking solutions using a RBF mechanism. The first funding round is opened until 21 June 2022 and aims to distribute 420,000-840,000 electric, biogas and bioethanol cookstoves and associated fuels in six Sub-Saharan African countries including Mozambique.
+Find the latest call for proposals, [https://www.nefco.int/fund-mobilisation/funds-managed-by-nefco/modern-cooking-facility-for-africa/ here].
 == Further Information ==
 * [[Portal:Financing and Funding|Financing and Funding Portal]] on energypedia

← Older revision		Revision as of 13:50, 26 April 2022
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	The lack of affordable loans limits the ability of energy access enterprises to manage their inventory levels, give credit to dealers, expand their distribution networks and invest in the marketing of their products. It also limits the ability of SMEs to import larger quantities of stock and thereby secure better price offers from their suppliers. This in turn leads to higher prices that are often unaffordable for low-income groups.<ref name=":0" />		The lack of affordable loans limits the ability of energy access enterprises to manage their inventory levels, give credit to dealers, expand their distribution networks and invest in the marketing of their products. It also limits the ability of SMEs to import larger quantities of stock and thereby secure better price offers from their suppliers. This in turn leads to higher prices that are often unaffordable for low-income groups.<ref name=":0" />
		+

	=== Credit Lines in Place ===		=== Credit Lines in Place ===

← Older revision		Revision as of 13:49, 26 April 2022
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	'''See also [[End-User Finance in Mozambique\|credit lines in place for end-users in Mozambique]].'''		'''See also [[End-User Finance in Mozambique\|credit lines in place for end-users in Mozambique]].'''
		+

	== Financing Opportunities on a National Level ==		== Financing Opportunities on a National Level ==

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 For more information, read '''[[Programas de Acesso à Energia em Moçambique|here on energypedia]]''' or visit their [http://proler.gov.mz/&#x20;accessed&#x20;in&#x20;June&#x20;2021 homepage].
 == Financing Opportunities on the International Level ==
 There are a couple of international funding opportunities available to Mozambican energy access enterprises and programs, ranging from grants and results-based finance to equity and debt. This chapter presents a few selected international funding opportunities and further helpful databases and links.

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 === [https://www.nefco.int/fund-mobilisation/funds-managed-by-nefco/modern-cooking-facility-for-africa/ Modern Cooking Facility for Africa] ===
 This programme offers grants to companies offering high-tier clean cooking solutions using a RBF mechanism. The first funding round is opened until 21 June 2022 and aims to distribute 420,000-840,000 electric, biogas and bioethanol cookstoves and associated fuels in six Sub-Saharan African countries including Mozambique.
 == Further Information ==
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 * https://www.get-invest.eu/funding-database/
+*
 == References ==

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 [[File:Provincial_distribution_of_bank_branches_in_Mozambique_2019.png|alt=|506x506px]]<br />
 === Micro Finance ===
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 The lack of affordable loans limits the ability of energy access enterprises to manage their inventory levels, give credit to dealers, expand their distribution networks and invest in the marketing of their products. It also limits the ability of SMEs to import larger quantities of stock and thereby secure better price offers from their suppliers. This in turn leads to higher prices that are often unaffordable for low-income groups.<ref name=":0" />
 === Credit Lines in Place ===
 State-owned Banco Nacional de Investimento (BNI) is Mozambique’s development and investment bank. It offers a range of credit products to projects that contribute to the sustainable development of Mozambique. BNI finances infrastructures  with inter-sector links, such as energy, agriculture or transportation, for example. As of September 2021, there was no online information available about interest rates or specific credit lines.<ref>https://www.bni.co.mz/en/development-banking/. Visited September 2021</ref>
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 '''See also [[End-User Finance in Mozambique|credit lines in place for end-users in Mozambique]].'''
 == Financing Opportunities on a National Level ==
 There are a number of public funding opportunities, tendering or offering catalytic grants and results-based financing (RBF). RBF is an approach that rewards companies for delivering previously-agreed results. Unlike traditional grant schemes, RBF schemes disburse grant incentives only against achieved results that have been verified. Read more about RBF '''''here'''''.
@@ Line 58: / Line 61: @@
 Find more information [https://www.faser.co.mz/ here].
 === Market Development Fund - BRILHO ===
 Businesses can apply for BRILHO’s Market Development Fund financial support ranging from £50,000 up to £1,500,000. Two grants-based mechanisms are offered: catalytic grants and results-based financing (RBF).
 Find more information about this program on '''[[Energy Access Programmes in Mozambique|here in energypedia]]'''  or on their [https://brilhomoz.com/ homepage].
 === Energising Development (EnDev) ===
 EnDev Mozambique supports SHS and picoPV companies along the value chain, strengthens the market development of improved cookstoves, and enables grid densification. Along with the financial support via results-based financing approaches, EnDev also supports private companies by providing trainings related to business development services. Check their homepage [https://endev.info/countries/mozambique/ here] for more details.
 === ProEnergia – Energy for All ===
 This program of the Government of Mozambique is financed by the World Bank and implemented by Fundo de Energia (FUNAE) and Electricidade de Moçambique (EDM).
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 Find more general information '''[[Policy Framework and Energy Access Strategies in Mozambique|here on energypedia]]'''.
 === PROLER (Promoçao de Leilões de Energias Renovaveis) ===
 The PROLER program supports the Mozambican government in tendering renewable energy power generation projects connected to the national grid. It aims at building three 40 MW solar plants in the districts of Dondo, Manje and Lichinga, respectively, and a 40 MW wind project in Inhambane. The total cost of the four projects of the Initiative is of approximately 200 M€, from which 37 M€ will be co-funded by the European Union (EU), and the remaining will come from selected Private Investors.
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 ===[https://www.get-invest.eu/funding-database/ GET.invest funding database]===
 GET.invest is a European program that mobilizes investment in renewable energy in developing countries. Check its comprehensive database of financing instruments available to project developers and companies in the renewable energy sector. You can i.e. filter for different funding sources, market segments, geographic regions, and countries according to your needs and interest.
 ===  [https://beyondthegrid.africa/. Beyond the Grid Fund for Africa (BGFA)] ===
 The Beyond the Grid Fund for Africa (BGFA) program focuses on Burkina Faso, Liberia, Mozambique, Uganda and Zambia. BGFA is a EUR 77 million multi-donor program, which supports the use of solar home systems (SHS) and mini- and micro grids in rural and peri-urban areas in these five countries. BGFA offers results-based financing to incentivize off-grid energy companies to expand, grow and scale-up access to energy for customers living in rural and peri-urban areas.<ref>https://beyondthegrid.africa/. Accessed in May 2021.</ref>
 ===[https://www.aecfafrica.org/ Africa Enterprise Challenge Fund (AECF)]===
 The AECF supports businesses in Africa, with special focus on agriculture and agribusiness, and renewable energy and adaptations to climate change. In addition, it supports rural financial services and communications systems that support the two sectors. The AECF has different funding lines, the ones relevant for Mozambique are described below.
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 For more information, see [https://www.aecfafrica.org/index.php/the-AECF-innovation-fund here].
 ===[https://eepafrica.org/ EEP Africa]===
 The [https://eepafrica.org/ Energy and Environment Partnership Trust Fund (EEP Africa)] is a clean energy financing facility hosted and managed by the Nordic Development Fund (NDF). EEP Africa provides early stage grant and catalytic financing to innovative clean energy projects, technologies and business models in 15 countries across Southern and East Africa (with Mozambique being part of it).

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 === [https://www.edp.com/en/edp/social-responsibility/access-energy-fund-program#4th-edition Energy Access Fund (A2E)] ===
-This fund supports renewable energy projects focusing on community, education, health, business, water & health in different Sub-Saharan African countries including Mozambique. It regularly opens different funding windows and the 4th funding window was opened in April 2022 and the funding ranges from 25 000 euros to 150 000 euros.
+This fund supports renewable energy projects focusing on community, education, health, business, water & health in different Sub-Saharan African countries including Mozambique. It regularly opens different funding windows. The 4th funding window was opened in April 2022, with funding ranging from 25 000 euros to 150 000 euros.
 For further information and current calls visit their [https://www.edp.com/en/edp/social-responsibility/access-energy-fund-program#4th-edition homepage].