As Energy Day at COP29 kicks off in Baku, Azerbaijan, the African Climate Foundation (ACF) is proud to announce the launch of the African Energy Futures Initiative (AEFI), a new funding platform designed to drive African-led solutions for the continent’s energy transition. Seeded with a $US2.1 million grant from The Rockefeller Foundation, AEFI aims to support the development of Indigenous expertise in energy systems modelling, planning, and economic analysis across Africa.
AEFI aims to create a network of centres of excellence in energy research throughout Africa, strengthening local capacity to shape and manage energy transitions. By providing multi-year funding to African research organizations, including universities, think tanks, and ministries. AEFI will enable these centres to attract top talent, expand research efforts, and influence critical policy decisions.
“We are excited about the potential of AEFI to help build homegrown expertise in energy planning and modelling,” said Saliem Fakir, Executive Director of the ACF. “This initiative perfectly aligns with our practical, solution-oriented climate action approach. It’s about moving from policy to real-world implementation to ensure that Africa’s energy future is sustainable and inclusive.”
Investing in the Future of Africa’s Energy
With 600 million Africans, nearly half the population living without reliable electricity, and many more struggling to afford energy, the need for localized, effective energy solutions has never been more urgent. AEFI addresses this gap by empowering African researchers and policymakers to design energy systems that meet local needs and drive economic growth while prioritizing decarbonization.
“Energy transitions in Africa must be locally led to be truly transformative,” said Ashvin Dayal, Senior Vice President for Power and Climate at The Rockefeller Foundation. “By supporting local talent and building expertise, AEFI will ensure that Africa’s energy future is sustainable and can create real opportunities for millions.”
The first round of competitive grant funding will open in 2025, to support up to 20 research hubs across Africa over the next decade. This initiative is a critical step towards ensuring that Africa’s energy transition is equitable and sustainable, enabling the continent to meet its energy needs while contributing to global climate goals.
“The work we do today will determine Africa’s energy future,” said Dr. Rose M. Mutiso, Research Director at the Energy for Growth Hub and Chair of the AEFI Advisory Committee. “Investing in local expertise is not just essential for Africa’s energy transition—it’s vital for its economic and climate future.”
About the African Climate Foundation (ACF)
The African Climate Foundation is the first African-led re-granter focused on addressing global climate and development challenges. Through AEFI initiatives, ACF supports sustainable solutions that empower African communities and drive inclusive, low-carbon economic growth.
This announcement showcases ACF’s continued commitment to fostering homegrown solutions that will shape Africa’s energy future for generations to come.