Chemonics International, under the USAID Climate Finance for Development Accelerator (CFDA), released a Notice of Future Funding Opportunity (NOFFO) ahead of the anticipated call for applications under the Greening Value Chains in Africa (GVCA) funding window.

Under GVCA, CFDA anticipates seeking applications from experienced investment managers to improve the sustainability of​​ energy transition value chains (ETVCs) – the suite of economic activities involved in the production and delivery of clean energy, from the processing of energy transition minerals (ETMs) to energy consumption. Through GVCA, CFDA and its partners under the Investment Mobilisation Collaboration Alliance (IMCA) seek to direct blended finance towards green and sustainable funds and other investment vehicles investing in ETVCs in Africa.

CFDA anticipates releasing the RFA on/around November 14, 2024, with a response timeframe of 8-10 weeks, including a Q&A period. Finalists will be invited to co-creation and due diligence on/around late January 2025.

Interested offerors are encouraged to join the Climate Finance Investment Network (CFIN). Managed by CFDA, the CFIN brings together climate finance stakeholders across a diverse set of sectors and emerging and frontier markets to partner with USAID. The objective of the network is to crowd in private sector climate financing through learning, partnership facilitation, and catalytic grants. CFDA will share all full and open solicitations, amendments, answers to questions, and other updates with contacts registered with the CFIN. There is no cost to join the CFIN and membership does not involve any commitment or obligation. 

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