This Facility is implemented under the New Zealand and the African Union Commission Partnership Arrangement, signed at the African Union Headquarters in Addis Ababa, Ethiopia in June 2017.
The target countries for the Facility are those within Eastern and Southern Africa that have geothermal potential and are eligible for Geothermal Risk Mitigation Facility funding, specifically: Ethiopia, Kenya, Rwanda, Tanzania, Zambia, Uganda, Eritrea, Djibouti, Comoros, Burundi and Democratic Republic of Congo. It is anticipated that a limited number of these countries will be targeted initially.
The overall goal of the NZ-AGF is to expand access to affordable, reliable and clean energy in East African nations through the increased use of geothermal energy resources. The focus of the Facility is to provide technical assistance for geothermal development that will be reflected in an increased number of geothermal energy projects meeting investment criteria, expanding investment and local participation in the geothermal sector to build on the region’s successes to date.
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