Selection of a consultancy firm for the provision of financial, entrepreneurship as well as environmental and social risk management support to standalone solar energy businesses (on ROGEAP)
Date : 10 Aug 2021 - 31 Aug 2021
Venue : Abuja, Nigeria,
Town : Abuja
Country : Nigeria
REOI-ECOWAS PFM ROGEAP 2021 FINAL
From : 10/08/2021 to : 31/08/2021
Client : ECOWAS Commission/ROGEAP 2 PROJECT
Type : Expression of Interest (EOI)
TITLE : SELECTION OF A CONSULTANCY FIRM FOR THE PROVISION OF FINANCIAL, ENTREPRENEURSHIP AS WELL AS ENVIRONMENTAL AND SOCIAL RISK MANAGEMENT SUPPORT TO STANDALONE SOLAR ENERGY BUSINESSES (ON ROGEAP)
The Economic Community of West African States (ECOWAS) represented by the ECOWAS Commission is setting up a private sector Entrepreneurship Support Facility (ESF) and Financial Support
Facility (FSF) under the Regional Off-Grid Electricity Access Project (ROGEAP). ROGEAP is financed
by the World Bank, the Clean Technology Fund (CTF) and the Directorate General for International
Cooperation (DGIS) of the Government of the Netherlands. The ROGEAP is implemented by ECOWAS
and West African Development Bank (BOAD).
2. ROGEAP has two main components- 1 and 2:
✓ Component 1 focuses on developing a regional market by establishing enabling business
environment and providing technical and financial capacity building support to solar
entrepreneurs in 19 project countries and ECOWAS will be the implementing agency for
Component 1 with technical assistance of a Project and Fund Manager (PFM).
â–ª Component 1A: Enabling Environment
â–ª Component 1B: Entrepreneurship Technical Support
â–ª Component 1C: Entrepreneurship Financial Support
â–ª Component 1D: Barrier Removal for Challenging Markets
✓ Component 2 focuses on facilitating access to finance for standalone solar system businesses
through a line of credit and establishing a guarantee facility to eligible CFIs located in eight
WAEMU1 member countries and the West African Development Bank (Banque Ouest Africaine
de Développement or BOAD) will be the implementing agency.
â–ª Component 2A; Line of credit to solar businesses
â–ª Component 2B: Contingent grant facility for commercial financial institutions
(CFIs) lending to solar business…REOI-ECOWAS PFM ROGEAP 2021 FINAL