Specific requirements

  • SEforAll: The project shall be aligned with Sustainable Energy for All (SEforALL) principles.
  • Environmental & social impact assessment: The project must be assessed by the primary insurer according to European Investment Bank (EIB) guidelines. The assessment needs to be approved by the agent before coverage can be committed to.
  • Procurement validation: The project, or the part that is considered for insurance, shall meet the Procurement Standards of the European Union.

 

Geographic scope

AEGF-backed insurance solutions are available in Benin, Burundi, Côte d’Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Kenya, Madagascar, Malawi, Niger, Nigeria, Rwanda, South Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe. Projects in other countries will be considered on a case by case basis.

Sources: IEA, 2019; graphic courtesy of RES4Africa Foundation, 2020