Facility for Renewable Energy and Energy Efficiency in Africa (TCX)

  • Project category

    A,B

  • Estimated budget

    20000000

  • Capacity in MW

    20

‘The Currency Exchange Fund (TCX)’ safeguards renewable energy and energy efficiency projects against foreign exchange rate risks related to ‘exotic currencies’. The KfW funding is expected to have a twofold impact in terms of mobilizing climate finance: additional funding partners will invest in TCX and, on this basis, financial institutions will join forces with energy suppliers and smaller power utilities to finance projects in the field of renewable energy and energy efficiency.

Project Follow Up

  • Lead financier

  • Co-financier (if applicable)

  • Budget Total en Millions d’Euros

  • Equity in Millions of Euros

    20

  • Financial Products

  • Project status

  • Technique Assistance in Millions Euros