GrantPilot does not give out this funding; Facility for Energy Inclusion (FEI), African Development Bank does. We help you find it, check it is real and get ready to apply.
FEI lends USD up to 30 million per project for renewable energy, mini-grids, solar, storage and clean infrastructure across Africa. Apply if your company is registered in Africa, has a viable project, and can demonstrate creditworthiness.
Debt financing platform managed by Cygnum Capital for the African Development Bank, offering flexible loans for renewable energy and clean energy projects across Africa. Finances mini-grids, commercial & industrial (C&I) solar, energy storage, and clean infrastructure for entrepreneurs and businesses.
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Company registered and operating in Africa. Projects in renewable energy (mini-grids, solar, wind), energy efficiency, energy storage or clean infrastructure. Technical viability and creditworthiness assessment required. Typical loan tenors 1–15 years; construction/bridge loans available 1–3 years.
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FEI takes a commercially driven approach: applications are assessed on technical viability of the underlying project and your company's creditworthiness. The fund operates on a rolling basis (no fixed deadline). If your project fits the investment criteria, FEI works with you to tailor financing—loan tenor, currency (USD, EUR, or local currency with hedging), and structure—to match your project's cash flow and risk profile. Environmental and social compliance with AfDB standards is required, and any gaps are addressed through an action plan before funds are released.
What reviewers look for
FEI lends up to USD 30 million per underlying project, with the ability to finance multiple projects under a portfolio approach. The fund typically targets SME-scale renewable energy projects that other lenders consider too small or complex.
The sources do not state a fixed timeline. Typically, initial assessment of technical viability and creditworthiness takes 4–8 weeks, followed by due diligence and loan structuring. Projects with complete documentation and fewer E&S gaps move faster.
Yes. FEI offers bridge and construction loans with tenors of 1–3 years, separate from your permanent project financing (which can be 1–15 years).
FEI lends in USD and EUR. Local currency lending is available if you arrange hedging to manage currency risk.
You must pass creditworthiness assessment, which typically requires 2–3 years of financial statements. Early-stage companies with strong management and binding customer contracts may still qualify, but audited accounts strengthen your application.
Guide written from the official programme page on 13 November 2026. Funders change their rules, so confirm the details on the official page before you apply.
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