Funding program started for projects in the East African Rift Valley (GRMF)
The Geothermal Risk Mitigation Facility invites interested project developers and project financiers to a pre-application information workshop considering financial support for geothermal projects in Eastern Africa.
The Geothermal Risk Mitigation Facility (GRMF) invites interested project developers and project financiers to a pre-application information workshop considering financial support for geothermal projects in Eastern Africa.
GRMF was established by the African Union Commission (AUC), on the one side, and the German Federal Ministry for Economic Cooperation and Development (BMZ) and the EU-Africa Infrastructure Trust Fund via KfW Entwicklungsbank (KfW), on the other side, to help catalyse geothermal developments in Eastern Africa (initially in the pilot countries: Ethiopia, Kenya, Rwanda, Tanzania and Uganda).
The objective of the GRMF is to encourage public and private investors (project developers) to develop geothermal prospects for power generation in Eastern Africa by providing cost share grants for surface studies and drilling of reservoir confirmation wells. 50 million Euro (approx. 62 million USD) has been made available for such grants.
The information workshop will introduce the GRMF programme to potential applicants and will provide a comprehensive overview of the whole application procedure. The Request for Expression of Interest (EoI) and the related submission form for EoI will be explained in detail. It is strongly recommended that potential applicants participate in the information workshop to ensure a mutual understanding of the requirements for Application and thus a high quality of submitted EoI and Applications.
The pre-application information workshop will be held in Addis Ababa, Ethiopia, on 11th October 2012 at the African Union compound
For detailed information and registration for the information workshop please visit the GRMF website:
- GRMF Workshop Invite Press Release (pdf)
- GRMF Agenda of Pre-Application Information Workshop, Oct. 11, 2012 – Addis Ababa, Ethiopia (pdf)
- Time Schedule and Financial Support (pdf)