There has been growth in Results-Based Financing (RBF) in West Africa specifically, with Nigeria seeing the bulk of investment. The Global Off-Grid Lighting Association (GOGLA) report – Unlocking Off-Grid Solar: How Results-Based Financing is driving energy access and powering productivity – says that RBF can deliver supply-side subsidies. “Although overall there is a prevalence of schemes in East African countries, there has been a progressive growth of RBFs in West Africa since 2020-2021. “Examining the total funding committed through RBF programmes shows that they have been predominantly concentrated in East and West Africa. In East Africa, funding is more evenly distributed among key markets such as Kenya, Madagascar, Mozambique, Rwanda, Uganda and Zambia.

Source: The North Africa Journal December 02, 2023 01:13 UTC