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Supporting green economy together with Ugandan banks.

Sector: Biomass • Location: France

Source: Proparco Groupe AFD (Agence Française de Développement)

Project
Ongoing

The project is part of a regional programme accredited SUNREF East Africa and promoted by AFD in Kenya, Tanzania and Uganda.It plans to provide several Ugandan banks with a reduced-rate credit facility totalling €35 million. The financing is intended for the clients of these banks to invest in renewable energy production facilities (solar energy, biomass / biogas, mini hydroelectric power plants)

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Project Information

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The project “Supporting green economy together with Ugandan banks.” is an infrastructure initiative in the Biomass sector, located in France. Taiyo aggregates data on it from Proparco Groupe AFD (Agence Française de Développement).

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ongoing

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Description

Description

The project is part of a regional programme accredited SUNREF East Africa and promoted by AFD in Kenya, Tanzania and Uganda.It plans to provide several Ugandan banks with a reduced-rate credit facility totalling €35 million. The financing is intended for the clients of these banks to invest in renewable energy production facilities (solar energy, biomass / biogas, mini hydroelectric power plants) as well as in energy efficiency projects.Like other SUNREF credit lines in the region, the initiative is supported by technical assistance for project leaders and Ugandan banks. This technical assistance is led by the Kenya Association of Manufacturers (KAM) in close cooperation with the Uganda Association of Manufacturers (UMA).

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Source reliability

High

Data quality score

100%

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URL

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