Facility for Energy Inclusion (FEI) – Direct Company Loans
Debt financing platform managed by Cygnum Capital for the African Development Bank, offering flexible loans for renewable energy and clean energy projects…

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8-week accelerator in Stockholm offering $125,000 pre-seed funding (7% equity) plus mentorship and investor access. For early-stage African tech startups solving environmental or social problems.
8-week accelerator programme based in Stockholm for early-stage startups solving societal and environmental challenges using technology. Participants receive USD 125,000 pre-seed investment for 7% equity via post-money SAFE, mentorship from world-class founders including unicorn entrepreneurs, and pitch access to hundreds of investors at Demo Day.
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Impact-focused startups globally; Rwandan and African startups encouraged. Early-stage with technology addressing environmental or societal challenges. Typically selects 5+ African startups annually from ~20 total global cohort.
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Applications are reviewed on a rolling basis (no fixed deadline stated). The programme selects roughly 20 startups globally each year, with at least 5 typically from Africa. Selection criteria focus on the quality of the founding team, the scale of the problem being solved, the viability of the technology solution, and demonstrated commitment to impact. Successful applicants are invited to Stockholm for the 8-week accelerator, where you will receive the $125,000 investment, mentorship from experienced founders including unicorn entrepreneurs, and preparation for Demo Day in front of hundreds of investors.
What reviewers look for
No. The programme accepts impact-focused startups globally, but African and Rwandan startups are particularly encouraged to apply. About 5+ of the roughly 20 annual cohort places go to African founders.
Technology, Climate, HealthTech, EdTech, and Social impact. Your startup must use technology to address an environmental or societal challenge.
7% equity via a post-money SAFE (Simple Agreement for Future Equity). This is a convertible instrument, not shares, so no dilution or board seat at this stage.
Yes. The accelerator is in-person in Stockholm. You and your core team will need to be there for the full 8 weeks.
You pitch at Demo Day in front of hundreds of investors. After that, you return to your market with the capital, mentorship relationships, and investor introductions to scale your business.
Guide written from the official programme page on 12 November 2026. Funders change their rules, so confirm the details on the official page before you apply.
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