Energy for Green Growth and Sustainability in Kenya

  • REACT 2.0

    Energy for Green Growth and Sustainability in Kenya

The Renewable Energy and Climate Technologies programme (REACT) is a four-year initiative implemented by the AECF in Kenya and funded by the Swedish International Development Cooperation Agency (Sida). The programme’s key objective is to reduce energy poverty, environmental degradation, and resource depletion and contribute to economic growth and increased employment opportunities.

The programme seeks to contribute to the green growth of Kenya by providing employment opportunities, increasing incomes, enhancing resilience and improving the quality of life by transforming energy access, e-mobility and waste management sectors for sustainable development.

This programme aims to:
•Increase access to modern energy services for underserved communities.
•Enhance access to productive use of energy (PUE) solutions for MSMEs and agricultural value chains.
•Support the growth of reliable and affordable e-mobility services (mainly 2- and 3-wheelers) in Kenya.
•Promote circular – economy principles, including ecosystem restoration, waste recycling, and green transition technologies. The programme will accomplish these goals by offering tailored, concessional capital and technical assistance to innovative companies.

    Results-Based Financing (RBF)

    Targets companies with strong growth potential, rewarding additional sales beyond a pre-agreed baseline. Incentives are capped at $200 for household use and $300 for productive use, with a focus on clean energy solutions, PUE, and e-mobility.

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    Milestone-Based Grants (MBG)

    Supports early-stage and innovative businesses requiring upfront investment. The grants facilitate market entry, refine business models, and improve affordability for solutions targeting underserved markets.

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Programme Brief