About

The AFRIGREEN Debt Impact Fund is a €100 million investment fund managed by RGREEN INVEST, an independent French investment management company specializing in financing projects dedicated to the energy transition and climate change mitigation. Launched to support renewable energy initiatives in Africa, AFRIGREEN focuses on providing long-term debt solutions to projects involving solar, electricity storage, wind, biomass, and hybrid technologies. The fund aims to assist African small and medium-sized enterprises (SMEs) and small and medium-sized industries (SMIs) in reducing their energy costs and dependence on diesel, thereby facilitating a transition to green energy. AFRIGREEN offers long-term debt financing tailored to the needs of renewable energy projects in Africa. The fund provides financial support to commercial and industrial (C&I) companies for the development and implementation of renewable energy infrastructure, particularly solar photovoltaic installations. This financing aims to help businesses lower their energy expenses, decrease reliance on fossil fuels, and contribute to environmental sustainability. AFRIGREEN reached its final closing at €100 million on February 13, 2025. For information on potential future funding opportunities or collaborations, interested parties should contact the AFRIGREEN team directly.

Eligibility

• To be considered for financing, projects should meet the following criteria:
• Location: Situated in Central or West Africa, preferably in Nigeria, Ivory Coast, Senegal, Ghana, or Cameroon.
• Sector: Involvement in renewable energy, particularly solar, wind, biomass, or hybrid technologies.
• Company Size: Targeting SMEs and SMIs seeking to reduce energy costs and transition to renewable energy sources.
• Environmental and Social Standards: Compliance with IFC Performance Standards and EIB Environmental & Social Standards, as the fund applies an environmental and social management system under which all projects are audited to assess positive and negative impacts