Zimbabwe: AECF unveils $6.5m renewable energy kitty

The Africa Enterprise Challenge Fund (AECF) has made $6.5m available through its Renewable Energy and Adaptation to Climate Technologies (React) competition facility to fund small and medium-sized energy companies to accelerate access to renewable energy in rural Zimbabwe.The funds are part of the $48m released by the Swedish International Development Cooperation Agency (Sida) to finance React projects in seven countries in sub-Saharan Africa.The funding to Zimbabwe is the second disbursement by AECF in less than a year.