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The Federal Government of Nigeria (FGN) through the Rural Electrification Agency (REA) has invited interested Solar PV Mini-Grid developers to participate in the Africa Mini-grids Program (AMP) aimed at supporting access to clean energy by increasing financial viability and promoting scaled-up commercial investment in low-carbon mini-grids. The AMP which is active in 21 African countries is funded by the Global Environment Facility (GEF) and implemented by the United Nations Development Programme (UNDP), the Rocky Mountain Institute (RMI), and the African Development Bank (AfDB).
5 August 23
Other Insights:
In Nigeria, a grant of USD 5.91 million is available under the AMP to implement REA’s Energising Agriculture Programme (EAP) for commercial projects that are based on sustainable business models in three agricultural activities, namely; Grain Processing Value Chains (Rice, Maize, Millet), Non-Grain Processing Value Chains (Cassava, Oil Palm, Cocoa), Cold Storage value Chains (Fruits, Vegetables, Milk). The projects will be funded by a one-off partial capital grant in rural and underserved communities with significant agricultural activities.
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Should you have any questions regarding this legal alert do not hesitate to contact Oghogho Makinde or Oludare Senbore
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Contributors
1. Cephas Caleb – Senior Associate
2. Victor Oluwajobi – Associate