Tender Notice Sub-Saharan Africa Financial Services

Fund Management Services (Clean Energy and Energy Inclusion for Africa (“CEI Africa”) Foundation

Tender Award

Dec 20, 2021

  • Country Sub-Saharan Africa, Africa, World
  • Financing KfW Entwicklungsbank
  • Reference Number BMZ202136513/KfW49552
  • Subject Management Services to the „Clean Energy and Energy Inclusion for Africa” (“CEI Africa”) Foundation

Brief description of the Contract:

The Project concerns the management of the „Clean Energy and Energy Inclusion for Africa” (“CEI Africa”) Foundation which will be established by KfW in the Netherlands in accordance with Dutch Law by mid-2021. The main objective of the Foundation is to increase access for households, municipal institutions and businesses in Sub-Saharan Africa to affordable and clean off-grid electricity from renewable sources. In furtherance of this goal, the Foundation will provide a combination of debt funding and results based grant financing.  

Requested Services:

  • The foundation manager to be selected through this tender procedure shall provide a comprehensive array of services that are required for the management and administration of the Foundation on a day-to-day basis, including but not limited to the following areas: (i) portfolio development and asset management; (ii) definition and allocation of results based financing instruments; (iii) risk management; (iv) impact measurement and reporting; (v) compliance-related tasks; and, (vi) financial, operative and general  management of the Foundation; as specified further in Section 1.6.1 of the Special Provisions of the Pre-Qualification Document.

Successful Bidder:

  • Triple Jump B.V (Niederlande), in JV with Persistent Energy LLC (USA) and GreenMaxCapital Group Ltd. (USA)

Estimated Start/End of Contract: The contract begins on 30.11.2021 and has no fixed end date, as the duration of the contract is linked to the duration of the fund (which has not yet been determined at present).

Contract Amount:  Contract amount (currency according to the order): The contract amount in EUR depends on the fund performance (the remuneration is partially defined in % of the fund volume and also contains performance-related components) and can therefore not be quantified at present.

There are no further details available for the message. Please always enter the following ID when making inquiries: AUS20210127606090

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