Deadline Date: April 14, 2026
The Results-Based Finance (RBF) initiative aims to support Kenya’s transition to a greener economy by fostering low-carbon, lower-polluting employment, increasing income, enhancing resilience, and improving quality of life.
The programme focuses on increasing access to modern energy services for underserved communities, expanding quality productive use of energy solutions for MSMEs and agricultural value chains, accelerating the growth of reliable and affordable e-mobility services (particularly 2- and 3-wheelers), and transforming the circular economy into a sustainable system that prioritizes ecosystem restoration, waste recycling, reuse, value reduction, optimized resource use, and continuous resource circulation through green transition technologies.
This initiative targets companies across Kenya that can deliver the highest impact and transformation, provided they meet the established eligibility and selection criteria. The programme welcomes applications from all regions of Kenya and is technology agnostic, supporting a wide range of renewable energy solutions. Eligible applicants for energy access and productive use of energy interventions, including e-mobility, include supply-side distributors and manufacturers as well as demand-side financial intermediaries such as MFIs and SACCOs.
The programme will run over a four-year period from the first quarter of 2025 through the fourth quarter of 2028. The technology scope covers stand-alone solar systems including Pico PV systems from Tier 0.5 to Tier 2, solar pumping solutions for both communities and aggregators, solar refrigerators, cold storage for aggregators, solar driers targeting aggregators, e-mobility initiatives with a focus on charging infrastructure, and other pre-agreed renewable solutions that meet end-user price limits.
By supporting these technologies and business models, the RBF programme seeks to accelerate Kenya’s green transition, enhance energy access, and provide economic opportunities while promoting environmental sustainability. Companies participating in this initiative will play a crucial role in shaping a low-carbon economy that benefits communities and businesses alike.
For more information, visit AECF.
