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Africa-EU Renewable Energy Cooperation Program (RECP)

The Africa-EU RECP is a multi-donor programme that supports the development of markets for renewable energy in Africa. By catalysing the development of African renewable energy markets, the RECP contributes to:

  • Promoting access to energy supporting sustainable economic growth and poverty eradication, within a sustainable development path.
  • Developing value chains providing employment opportunities for men and women and business opportunities for African and European businesses.
  • Enhancing energy security and mitigating the impacts of volatile fossil fuel prices.
  • Climate change mitigation by substituting fossil fuels, and to climate change adaptation by enhanced energy value chain and energy system resilience.

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Specifications

Program website

http://www.africa-eu-renewables.org/

Type

Capacity Building
Initiative / Program

Geographical Scope

Africa

Type of Cap Building

Business Development

Funding / Investment / CapBuild type

The RECP supports market development in a variety of ways. This includes the provision of critical information on African energy markets, identification of concrete project opportunities through on-the-ground scouting activities, matchmaking between project developers, technology suppliers, and service providers for joint project and business development in Africa as well as facilitation of access to finance. In addition to these private sector focused activities, RECP also provides policy advisory services and supports local skills development by working with technical and vocational training institutions and academia. The Finance Facilitator (FF) is an advisory platform implemented by RECP that will support meso-scale renewable energy project preparation in Sub-Saharan Africa. It enhances project quality and makes connections between project developers seeking financing and financiers seeking viable projects.

Technical or other assistance

Policy advisory; Market Information; Project Opportunity Identification; Matchmaking; Project Preparation and Access-to-Finance; Innovation and Skills Development. Also: Policy advisory services; local skills development support; Networking and information events

Contact information

E-mail

recp@euei-pdf.org

Last update

Date

09-01-2018

Status

Accepting Applications Check Website

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