News June 19, 2024

REEEP’s Annual Report 2020

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The REEEP Annual Report 2020 looks back on the past year at REEEP and provides an overview of REEEP’s mission and methods, as well as our activities and programmes. This year focuses on the theme of ‘Powering Resilience’ and includes our response to the Covid-19 pandemic. We are honoured to feature a foreward by the Hon Matthew Nkhuwa, MP, Minister of Energy for Zambia, who reflects on the positive impact Beyond the Grid Fund for Africa has had on the lives of hundreds of thousands of Zambians.

In 2020, we continue to support clean energy and climate adaptation entrepreneurs throughvthe Beyond the Grid Fund for Africa and the Private Financing Advisory Network.

Though some of our focus has naturally shifted to assisting our current private sector partners as they navigate the Covid-19 crisis, we have also continued to look forward. The autumn of 2020 will see the launch of funding rounds for off-grid clean energy companies in Burkina Faso, Liberia, Mozambique and Zambia under the Beyond the Grid Fund for Africa.

In addition, we are preparing to establish two new innovative financing facilities, one for smallscale clean energy projects in Nepal and another to channel climate finance towards clean energy businesses targeting the agriculture sector in Namibia, Tanzania and Zambia. Each of these new facilities will benefit from lessons learned during the implementation of the Cambodian Clean Energy Revolving Fund, which closed in late 2019.

At our offices in Vienna, we said goodbye to our long serving Director General, Martin Hiller, and welcomed Magdalena Kouneva to take the helm as REEEP’s new DG. We continue to grow and fulfil our mission to design and implement tailor-made financing mechanisms, utilising strategic injections of public funding to build dynamic, sustainable markets and ultimately make clean energy technology accessible and affordable to all.

REEEP Annual Report 2020

Our Annual Report 2020 provides an overview of REEEP's mission and methods, as well as its activities and programmes. This year focuses on the theme of 'resilience' and includes REEEP's response to the Covid-19 pandemic.

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