AEGF is an insurance platform with a high coverage capacity and without sovereign guarantee requirements.
Tailored to the specific needs and risk profiles of renewable energy projects, insurance products backed by AEGF provide the necessary cover for the risks of transfer restrictions (including inconvertibility), expropriation, war and civil disturbance, breach of contract, and non-honoring of financial obligations. Projects are stronger and investments safer with insurance cover backed by AEGF. Thereby the AEGF helps to realize more renewable energy projects in in Subsahara Africa.
Insurance solutions backed by AEGF are available for energy access, energy efficiency and renewable energy projects aligned with SDG7 objectives in the following countries: Benin, Burundi, Côte d’Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Kenya, Madagascar,Malawi, Niger, Nigeria, Rwanda, South Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe. Projects in other countries will be considered on a case by case basis.