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Agence Francaise de Developpement (AFD) Green Energy Fund

Category: Finance
Sub-Category: Debt Finance
User: Private Sector
Donors: Agence Francaise de Developpement (AFD), Industrial Development Corporation (IDC)
Donor Countries: France, South Africa

To provide finance to renewable energy and energy efficiency projects of smaller scale and manufacturing of green products in South Africa.

Location: South Africa
On- or Off-Grid: Both

South Africa


Solar and biomass; other technologies are considered on a case by case basis. Energy Efficiency (EE):
- A maximum of 200% increase in production capacity is allowed for expansion projects; and
- Greenfield operations are considered on a case by case basis.
AFD funds are blended at a leverage level of at most 50% funding from IDC; and no refinancing

Contact information:

Call Centre: 086 069 3888
Email: callcentre@idc.co.za

Last updated: August 10, 2020

Last updated: November 28, 2022