The initiative is based on the premise that if Sida can share risk with investors then financial intermediaries will be able to raise additional capital and take on additional risks that otherwise would not be possible.
The objective of the Call is to identify and select implementing partners suitable for a Sida guarantee. The guarantee is a flexible, customised and catalytic loss protection instrument, designed to share risk with public and private actors in order to mobilise additional capital and bring in new partners to reach development impact.
The main target group for the Call is investment funds and other financial intermediaries with the objective of delivering impact results alongside financial results.
Renewable energy is the focus for Sida's new guarantee.
Through this blended finance approach Sida seeks to increase access to financing in an effort to improve access to affordable, reliable and modern energy and unlock the vast potential within productivity, value chains, local market systems and other opportunities. This will help drive sustainable and inclusive economic growth and income generation in Sub-Saharan Africa.
Companies are invited to submit their expression of interest. Implementing partners will be selected based on “best fit” with Sida’s development objectives and partner capacity, under strict consideration of additionality.
Deadline: Monday, 15 November, 2021
Closing date: Flexible
You find detailed information about the call and the selection process in this explanatory document, including annexes.
We look forward to receiving your Expression of Interest!