Driving green investments across Africa
Transforming energy landscapes through sustainable financing. We support projects that reduce greenhouse gas emissions and promote renewable energy solutions.
Accelerating sustainable development in Africa
AGG is an initiative of KfW, established on behalf of the German government to drive private investments that reduce greenhouse gas (GHG) emissions across Africa. With a growing capital base and a dedicated Technical Assistance Facility, AGG supports climate-friendly projects and accelerates sustainable growth across the continent.
Total Commitments
Technical Assistance Facility (TAF)
Anticipated Total Capital
Our Strategy
Our strategic approach to green investments
Driving sustainable change through targeted financial solutions.
Our Objectives
We aim to promote and scale sustainable investment across Africa by enabling both direct and financial-sector–led climate solutions. Our work supports energy efficiency and renewable energy adoption through senior and mezzanine financing — primarily to Non-Financial Institutions developing energy solutions. We also catalyse local financial markets by demonstrating the commercial viability of green finance through partnerships with local financial institutions, including credit lines, guarantees, and guarantee-type products.
Focus Areas
AGG supports technologies and sectors that reduce greenhouse gas emissions and drive sustainable growth across Africa:
Green Transport
E-mobility, OEMs, and charging/transport infrastructure.
Green Housing
Energy-efficient new builds and retrofits with internationally certified performance.
Green Appliances & Solutions
Energy-efficient new builds and retrofits with internationally certified performance.
Industrial Energy Efficiency
Energy-efficient new builds and retrofits with internationally certified performance.
Our Approach
AGG operates through a partnership-driven investment model designed to accelerate EE/RE adoption.
Identify Eligible Partners
Corporate and industrial entities, SMEs, independent power producers, and local financial institutions developing or financing EE/RE projects (NFIs & FIs).
Provide Tailored Financing
Medium- and long-term senior debt, mezzanine financing, and guarantees to enable project development and scale.
Strengthen the Market via Technical Assistance
The Technical Assistance Facility (TAF) supports project preparation, capacity building, and learning-by-doing to ensure long-term sustainability of Africa’s EE/RE ecosystem.
Fund Parameters
Our financing parameters are designed to meet the needs of climate-focused projects while ensuring strong commercial viability.
Geography
Africa-focused lending with eligibility across numerous regional markets.
Ticket Size
Up to USD 18 million or local currency equivalent.
Lending Rates
Competitive lending rates depending on transaction structure and risk profile.
Tenor
Flexible subject to an upper limit of 10 years
Impact Highlights
Key indicators showcasing AGG’s progress toward accelerating renewable energy adoption and reducing greenhouse gas emissions across the continent.
$ 167.9m
Total Capital Committed by June 2025
$ 40.9m
Capital Committed in 2024
7.3 MW
Renewable Energy Capacity financed
8.0 GWh
Renewable Energy Power (consumption) financed
1,032,846
tCO2e GHG savings financed
1.2m
Individual Beneficiaries reached
20,122
Total jobs supported
7,749
Female jobs supported
Our investments across Africa
Transformative investments driving sustainable development across Africa
Resources
Access key publications, project insights, and materials from the AGG Fund.
Fund Documents
News
LinkedIn updates featuring AGG’s milestones, events, and announcements.
Fund Videos
Exploring AfricaGoGreen Fund’s First Investment in NewGas
Case Studies
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Partner with us to scale your energy solution
Reach out to discuss financing options for EE and RE projects across the continent.