In East Africa, where access to energy is far from universal, increasing the production of green energy is a key condition to a sustainable economic growth. The Agence Française de Développement (AFD) contributes to tackling this challenge, in partnership with Kenyan, Tanzanian and Ugandan banks.
The Sustainable Use of Natural Resource and Energy Finance (SUNREF) East Africa operates in partnership with the Kenya Association of Manufacturers (KAM), with the support of the Confederation of Tanzania Industries (CTI) in Tanzania and Uganda Manufacturers Association (UMA) in Uganda.
Through SUNREF Programme, the Association has been providing financial solutions to green energy initiates, and with the aim of mitigating climate change.
SUNREF is the tailor-made solution that enables companies to acquire better quality equipment, insulate buildings, save on costs, increase competitiveness as well as develop green energy projects, or services and activities related to energy management through provision of concessional debt finance and free technical assistance.
So far, we have built a project portfolio of over 300 projects in hydro, solar, biogas, biomass and energy efficiency and energy service companies (ESCOS) and real estate and financed 26 projects to the tune of USD 70 million during the last few years.