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USAID-Power Africa Solar Home System Kick-Starter Program for Malawi

With a population of 19 million, Malawi has a low 10.8% electricity national access rate with approximately 50% access in urban areas and a minimal 3.9% access rate in rural areas. Malawi has set a targeted 30% grid access rate by 2030. Off-grid solutions will be needed to address the 70% access gap to achieve universal energy access over this period.
 
The USAID – Power Africa SHS kickstarter program is aimed to catalyze and stimulate the market in the short term  over 3 years (2019-2021).

The USAID – Power Africa SHS kickstarter program is aimed to catalyze and stimulate the market in the short term  over 3 years (2019-2021).  The kickstarter program has 5 key components including:

  1. A $1.5 Million Results Based Financing (RBF) Grant Facility aimed at stimulating  the sale/provision of 150,000 new SHS off-grid connections.
  2. Access to working capital; debt and equity finance from various local financial institutions
  3. Operation Support i.e. technical assistance to SHS companies
  4. A Consumer Solar Awareness and Education Campaign.
  5. Policy and Regulatory Reform initiatives including strengthening fiscal incentives and support like VAT & Duty Exemptions

Read more about the application process at: https://gallery.mailchimp.com/86f1cb5b6a7eb0d1297552e0b/files/5256efdb-5d56-4e29-80d8-85ba8b5d439b/Kickstarter.pdf

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Specifications

Program website

https://usaid-saep.fluxx.io/user_sessions/new

Type

Capacity Building
Network
Investor

Geographical Scope

Malawi

Type of Cap Building

Business Development

Funding / Investment / CapBuild type

  1. A $1.5 Million Results Based Financing (RBF) Grant Facility aimed at stimulating  the sale/provision of 150,000 new SHS off-grid connections.
  2. Access to working capital; debt and equity finance from various local financial institutions
  3. Operation Support i.e. technical assistance to SHS companies
  4. A Consumer Solar Awareness and Education Campaign.
  5. Policy and Regulatory Reform initiatives including strengthening fiscal incentives and support like VAT & Duty Exemptions

Contact information

Last update

Date

02-02-2019

Status

Not Accepting Applications

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