The Modern Cooking Facility for Africa (MCFA) has opened its second funding round to support access to and scale-up of high-technology clean cooking solutions in seven Sub-Saharan African countries.
The Call for Proposals invites interested private companies selling modern and clean cooking solutions to compete for funding. MCFA offers a combination of results-based financing, non-reimbursable catalytic grant financing and technical assistance to companies active in the clean cooking market to support them to further expand and scale up their businesses in the Democratic Republic of the Congo (DRC), Kenya, Malawi, Mozambique, Tanzania, Zambia and Zimbabwe.
The new MCFA funding round will be divided into two funding windows combining results-based financing and catalytic grant financing. The total available funding for both windows will be up to EUR 16 million and the individual ticket sizes will vary from EUR 500,000 to 2.5 million.