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…

GrantPilot does not give out this funding; Africa Enterprise Challenge Fund (AECF) does. We help you find it, check it is real and get ready to apply.
Non-repayable grants of $150,000–$300,000 for African startups with a working digital product in clean energy, climate, or productive use sectors. You must match funds 1:1 and show a clear path to market.
Milestone‑based non‑repayable grants for early‑stage African enterprises developing digital solutions for clean energy access, climate mitigation or adaptation. Includes up to USD 300,000, technical assistance and venture‑building support.
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Private for‑profit company with a minimum viable product, physical or market presence in Africa, ability to provide 1:1 matching funds, audited financials, and compliance with ESG and data‑protection standards.
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AECF reviews applications against alignment with clean energy and climate objectives, strength of the digital innovation and MVP, credibility of the founding team, and realism of the proposed milestones. Selected applicants enter structured venture-building support and receive grant funds in tranches tied to achievement of technical, commercial, and operational milestones set out in a Funding Agreement. The evaluation typically takes 8–12 weeks from submission to notification, though timelines can vary.
What reviewers look for
Yes. The fund requires a private for-profit company. An informal business or sole trader will not be eligible. Ensure you have formal registration with your country's corporate affairs body.
Yes. The fund explicitly accepts pre-revenue enterprises as long as you have a minimum viable product and have moved beyond the ideation stage. Early traction (pilot users, letters of intent, or beta feedback) strengthens your application.
Typically, committed capital from any source: your own savings, a bank loan you have secured, an investor commitment letter, or a grant from another organisation. The matching amount must equal the grant you are requesting (e.g., if you ask for $200,000, you need $200,000 matched). Confirm with AECF whether equity from founders counts in your context.
Grants are provided for up to 36 months. Money is not paid in one lump sum; instead, it is released in tranches as you hit agreed milestones (technical, commercial, and operational). You and AECF will agree on these milestones at the start in your Funding Agreement.
The fund covers clean energy access, distributed renewable energy, clean cooking, productive use of energy, climate mitigation, climate adaptation, and efficient natural resource management. Your digital solution must have a clear link to at least one of these. If your technology is adjacent (e.g., digital tools for agricultural resilience), emphasise the climate adaptation angle in your proposal.
Guide written from the official programme page on 31 October 2026. Funders change their rules, so confirm the details on the official page before you apply.
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