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BGFA Announces Next Round of Financing for Off-Grid Energy Service Providers in Mozambique

BGFA Announces Next Round of Financing for Off-Grid Energy Service Providers in Mozambique

In Sub-Saharan Africa, around 570 million people do not have access to electricity. In this context, the Beyond the Grid Fund for Africa (BGFA) intends, on the basis of its funding, to facilitate access to energy for populations in remote areas, through the collaboration of companies active on the continent.

According to the Agence Ecofin website, the BGFA announced on Tuesday 25 April that it would reopen its funding round in Mozambique in May. This is, according to the organisation, the re-launch of the second call for proposals aimed at encouraging clean energy based solutions.

“We are happy to re-launch our second round of funding in Mozambique. We invite companies operating in the mini-grids and solar home systems market to apply,” said Kari Hämekoski, senior programme manager at BGFA.

The source further added that the call for proposals aims to encourage off-grid energy service companies to develop their activities in a sustainable and innovative way.

“We intend to accelerate access to clean and affordable energy for customers living in peri-urban and rural areas of Mozambique, locations that will be delimited and approved by the Government of the country and the regulatory authorities,” he said.

Mozambique has a low rate of electrification, mainly in rural areas where only 4.5 percent of the population had access to electricity in 2020, according to the World Bank.

The BGFA was created on the initiative of the Swedish government with the aim of encouraging the private sector to provide sustainable, affordable, clean and high quality energy services to needy people in rural areas off the grid.

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