AfricaGoGreen Fund (AGG) is initiated by KFW on behalf of the German government to promote private investments that mitigate or reduce the emission of Green House Gases (GHG). AGG has been launched with €32 million and a Technical Assistance Facility of €3 million and anticipates growing to €150 million in the next 18 months, and will focus in particular on Compact with Africa countries in West Africa.
Green transport
Green housing
Green appliances (including, but not limited to energy efficient lights, solar pumps, improvements in insulation leading to better energy efficiency, equipment reducing the use of combustion engines etc).
Batteries solutions
Green hydrogen
Other commercial and industrial applications that have a GHG mitigating impact (like solar power for Telecom towers, more energy efficient machinery)
Independent power producers or captive power using RE like hydro, solar, wind, geothermal, tidal or biomass as the main fuel source,
Distribution companies selling power to the national grid, mini grids, commercial & industrial as well as SME and retail customers as long as more than 70% of the electricity sold is from RE sources
Innovative ideas require flexible and supportive financing. AGG is determined to push boundaries by providing capital that is tailored to the needs of businesses willing to address climate change head-on. To achieve its objectives, AGG will:
Provide senior and mezzanine debt as well as guarantees with significant flexibility to tailor terms to the needs of its partners
demonstrate the commercial viability of green finance, including by leveraging private investors into the fund
invest either directly or through local financial institutions that are building a green loan portfolio,
provide technical assistance to
(i) build the capacity of investees and
(ii) promote the sustainable development of low carbon economic growth
Siège social,
3 Rue Gabriel Lippmann,
5365, Munsbach,
Luxembourg
LHGP Middle East
Dubai International Financial Centre
Unit 2, Level 1, Gate Village Building 2,
PO Box 113355,
Dubai, United Arab Emirates
LHGP West Africa,
6th Floor, Sapetro Towers,
1 Adeola Odeku Street,
Victoria Island,
Lagos, Nigeria,
LHGP East Africa
3rd Floor, Tower A,
Valley View Office Park,
City Park Drive,
Nairobi, Kenya,
Lion's Head Global Partners
130-132 Buckingham Palace Road
London
SW1W 9SA
England
LHGP Americas
375 Greenwich Street,
New York,
NY 10013
United States of America
Call us on:
+44 (0) 20 7340 0400
Email us:
agogf@lhgp.com
(this is just a guess at the email address)
Africa Go GreenFund
130 Buckingham Palace Road
London
SW1W 9SA
LHGP Asset Management 130-132 Buckingham Palace Road London SW1W 9SA United Kingdom