The AECF REACT (Renewable Energy and Adaptation to Climate Technologies) is a special fund of the AECF that is open to business ideas based on renewable energy and adaptation to climate technologies.

The East African market has a population of 131 million and a steadily rising economy. Particularly Kenya, Tanzania and Uganda have high growth rates. The three countries have had annual GDP growth of 5%, 7% and 8% respectively in the period 2000-2009.

Particularly interesting for energy companies
Andreas Flensborg of the International Business Development (DIBD) section at The Confederation of Danish Industry (DI) argues that: “This sustained economic growth is particularly interesting for energy companies.”

Main engines behind economic growth
Energy production and increasing energy efficiency are some of the main engines behind economic growth. The AECF REACT financing programme is to generate better and cheaper investment and innovation opportunities for private companies that wish to invest in the markets of the East African Community (Kenya, Tanzania, Uganda, Rwanda and Burundi).

View the Confederation of Danish Industry's profile on State of Green.