Opportunity - REACT 2.0

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Title

REACT 2.0

Organization

AECF

Type

Financial: ()

Sector

• Energy Access

Country

• Kenya

Eligibility/Description

The Renewable Energy and Climate Technologies programme (REACT) is a four-year initiative implemented by the AECF in Kenya and funded by the Swedish International Development Cooperation Agency (Sida). The programme’s key objective is to reduce energy poverty, environmental degradation, and resource depletion and contribute to economic growth and increased employment opportunities.

The programme seeks to contribute to the green growth of Kenya by providing employment opportunities, increasing incomes, enhancing resilience and improving the quality of life by transforming energy access, e-mobility and waste management sectors for sustainable development.

The facility includes two primary funding mechanisms: Results-Based Financing (RBF): Targets companies with strong growth potential, rewarding additional sales beyond a pre-agreed baseline. Incentives are capped at $200 for household use and $300 for productive use, with a focus on clean energy solutions, PUE, and e-mobility.

Milestone-Based Grants (MBG): Supports early-stage and innovative businesses requiring upfront investment. The grants facilitate market entry, refine business models, and improve affordability for solutions targeting

underserved markets.

Deadline

2025/05/11

URL

https://www.aecfafrica.org/approach/our-programmes/renewable-energy/energy-for-green-growth-and-sustainability-in-kenya/