Funding Database
Accelerate the Energy Transition (AccelerET)
Current as of: 2026-07-16
Description
The AccelerET guarantee, backed by €164.5 million from the European Fund for Sustainable Development Plus (EFSD+), will address financing gaps for energy and mobility operators in Sub-Saharan Africa, Asia, and the Pacific, fostering investments and improving governance in these critical sectors. The Choose Africa VC program will receive a €44.1 million EU guarantee to reduce capital loss risk for Proparco's €104 million equity portfolio, supporting venture capital funds and early-stage African start-ups, particularly in fintech and renewable energy. The program also includes €3.1 million in EU-funded technical assistance.
Meanwhile, the Liquidity Accelerator Fund (LAF) will receive €19.2 million in EU guarantees to support secondary investments in funds across Africa, Asia, and Latin America. This initiative aims to help investors exit funds early, providing attractive returns while managing risk.
Instrument Type
Guarantee
Currencies used
Euros
Eligible regions under GET.invest mandate
Central Africa
East Africa
Pacific
Southern Africa
West Africa
East Africa
Pacific
Southern Africa
West Africa
Additional eligible regions not under GET.invest mandate
Asia