Universal Energy Facility offering grants to support electrification by mini-grid in the Democratic Republic of the Congo
The Universal Energy Facility opened a new financing windowin the DRC that offers grants to companies connecting people to mini-grids.
- The Universal Energy Facility opened a new financing windowin the DRC that offers grants to companies connecting people to mini-grids.
- The facility provides "results-based finance" to these companies by awarding grants once electricity connections have been established and verified.
- "The Universal Energy Facility will help improve electricity access in communities across the Democratic Republic of the Congo," said Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All and Co-Chair of UN-Energy.
- The DRC is the fifth country to have a Universal Energy Facility programme, with the others being Benin, Madagascar, Sierra Leone and Nigeria.