Funders active in the Middle East and North Africa
227 matching capital sources on the AESFIP database · Last checked October 2026
The Middle East and North Africa has some of the world's best solar and wind resources and some of its most severe water stress. Funding follows both: large renewable and green hydrogen projects on one side, water, desalination and adaptation on the other.
These funders have an active mandate covering the Middle East or North Africa. European development banks are particularly active in North Africa.
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The funders
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- The Arab Energy Fund (APICORP)DFI · Saudi ArabiaMENA region's dedicated energy-sector multilateral impact financial institution (rebranded from APICORP), deploying up to US$1bn for decarbonisation technologies and co-investing in African clean-energy platforms such as Yellow Door Energy's distributed solar and energy-efficiency business across the Middle East and Africa.DebtEquityGreen Bonds
- SANAD Fund for MSMEBlended Finance Facility · LuxembourgLuxembourg-based blended-finance impact fund (advised by Finance in Motion) providing debt and equity to underfunded MSMEs across the Middle East, North Africa and Sub-Saharan Africa, including green/climate-linked lending through partner financial institutions, backed by KfW, EU and other DFIs.DebtEquityCatalytic Capital
- Arab Fund for Economic and Social DevelopmentDFI · KuwaitKuwait-based Arab regional development finance institution providing concessional and near-market loans, plus grants, for public and private sector projects (including energy, water and infrastructure) in Arab countries, including Egypt, Morocco, Tunisia, Algeria, Libya, Mauritania, Sudan, Somalia, Djibouti and Comoros.Concessional DebtDebtGrants
- Belgian Development Agency (Enabel)Government Agency · BelgiumBelgium's federal development agency, implementing bilateral climate, energy access and resilience programmes and delivering EU Global Gateway mandates in partner countries.GrantsTechnical AssistanceResults-based Finance
- Finance and Technology Transfer Centre for Climate Change (FINTECC)Climate FundThe Finance and Technology Centre for Climate Change (FINTECC) program provides eligible entities with financial support, partially free technical assistance, investment incentives, and Climate Innovations Vouchers (CIVs). FINTECC offers incentive grants to encourage the adoption of eligible technologies, which complement financing from the European Bank for Reconstruction and Development (EBRD) as well as from the Global Environment Facility (GEF). The program also organizes technical support, delivered by the EBRD and international consultants. To facilitate the transfer of climate technology in each region, FINTECC assists participating governments in improving their policy environments and legislative frameworks, thereby enabling organizations to adopt a broad range of climate technologies.GrantsTechnical Assistance
- Green for Growth Fund (GGF)Climate FundThe Green for Growth Fund (GGF) is a specialised impact investment fund to mitigate climate change and promote sustainable economic growth by investing in measures that reduce energy consumption, resource use, and CO2 emissions in Southeast Europe and the EU Neighbourhood regions. Initiated by the European Investment Bank and KfW Development Bank, the GGF is a public-private partnership that leverages risk capital provided by public institutions with additional private capital. The GGF channels dedicated financing to businesses and households through local financial institutions, and also makes direct investments in eligible projects and companies. The activities of the GGF are supported by a Technical Assistance Facility, which provides know-how and technical expertise to ensure that these investments are successfully implemented.Concessional DebtDebtGrants
- AECID Spanish Cooperation Climate WindowsGovernment Agency · SpainSpain's development cooperation agency, financing water and sanitation, adaptation and renewable energy programmes, with a strong Latin American and Caribbean footprint through the Cooperation Fund for Water and Sanitation.GrantsConcessional DebtTechnical Assistance
- European Bank for Reconstruction and DevelopmentMDB · United KingdomDebtEquityGuarantees
- Emirates Development BankDFI · United Arab EmiratesUAE state development bank offering bespoke solar and renewable-energy financing programmes domestically, and committed AED 1.3 billion under IRENA's Energy Transition Accelerator Financing (ETAF) platform, a facility explicitly designed to help unlock renewable energy investment in developing countries including in Africa.DebtConcessional DebtGuarantees
- Cassa Depositi e Prestiti Development FinanceDFI · ItalyItaly's national promotional institution and development finance arm, delivering Italian cooperation credit and the Mattei Plan for Africa alongside EU Global Gateway operations.DebtConcessional DebtEquity
- Public Investment Fund (Saudi Arabia)Commercial Investor · Saudi ArabiaSaudi Arabia's sovereign wealth fund and majority owner of ACWA Power, which develops utility-scale renewable energy (solar, wind) projects in African markets including Egypt and Morocco; PIF itself invests primarily through its portfolio companies rather than direct project-level grants.EquityDevelopment CapitalCo-investment
- Asian Infrastructure Investment BankMDB · ChinaDebtEquityFund Investments
- COFIDESDFI · SpainDebtEquityMezzanine
- EnabelGovernment Agency · BelgiumGrantsTechnical Assistance
- SwedfundDFI · SwedenSwedish DFI investing in sustainable businesses and energy access in Africa.DebtEquityFund Investments
- Turkish Cooperation and Coordination AgencyGovernment Agency · TurkeyTurkey's official development cooperation agency implementing grant-funded renewable energy, solar water and vocational-training projects across Africa (e.g. solar labs in Algeria, solar water wells in Senegal, solar systems in South Africa), typically delivered via government or municipal partnerships.GrantsTechnical Assistance
- Qatar Fund for DevelopmentGovernment Agency · QatarQatar's development agency channelling grants and blended finance into climate-resilient agriculture, food security and adaptation programmes in Africa, partnering with organisations such as FAO, WorldFish and the Gates Foundation on smallholder climate-adaptation finance.GrantsResults-based FinanceTechnical Assistance
- SIMESTDFI · ItalyEquityDebtExport Credit
- Affirmative Finance Action for Women Entrepreneurs in Africa (AFAWA)Climate FundThe Affirmative Finance Action for Women in Africa (AFAWA) is a flagship initiative by the African Development Bank Group (AfDB) aimed at closing the $42 billion financing gap faced by women entrepreneurs across Africa. It seeks to unlock up to $5 billion in financing for women-led businesses by 2026, promoting gender-inclusive finance and empowering women to participate in Africa’s economic development fully by targeting three pillars: Access to Finance: Utilizes AfDB’s financial instruments like lines of credit, trade finance, and equity investments. Introduced the AFAWA Guarantee for Growth (G4G), a pan-African risk-sharing mechanism to reduce collateral requirements and unlock up to $3 billion in financing for around 27,000 women-led businesses Technical Assistance: Provides advisory services to financial institutions. Offers training and mentoring to women entrepreneurs to improve business productivity and financial literacy Enabling Environment: Works with governments and regulators to reform policies that hinder women’s access to finance. Supports legal and regulatory changes to foster a more inclusive financial ecosystemConcessional DebtDebtTechnical Assistance
- African Risk Capacity (ARC)Climate FundThe African Risk Capacity (ARC) Group is a Specialized Agency of the African Union established to help African governments improve their capacities to better plan, prepare, and respond to extreme weather events and natural disasters. Through collaboration and innovative financing, the ARC Group enables countries to strengthen their disaster risk management systems and access rapid and predictable financing when disaster strikes to protect the food security and livelihoods of their vulnerable populations. The ARC Group is composed of two entities: ARC Agency, a Specialized Agency of the African Union, and ARC Insurance Company Limited (ARC Ltd), the financial affiliate of the Group. ARC Agency is a mechanism that: - Provides capacity building to ARC Member States in preparation for taking out a policy; - Provides general oversight and supervision of the development of capacity building services; - Facilitates the development of country contingency plans and monitors their implementation should a disaster event trigger a payout. ARC Ltd is the financial affiliate of the Group responsible for carrying out commercial insurance functions of risk pooling and risk transfer in accordance with national regulations for parametric weather insurance. Through its capacity building and risk pooling services, ARC’s objective is to strengthen the continent’s Disaster Risk Management systems through innovative solutions that take into account the continent's challenges. By capitalizing on locTechnical Assistance
- Canada AfDB Climate Facility (CACF)Government AgencyThe Canada – African Development Bank Climate Fund (CACF) is a Special Fund established in 2021 and structured as a blended climate change facility including an Investment Facility aimed at extending concessional loans to eligible climate change projects plus a Technical Assistance Facility that seeks to address the increased complexity, coordination requirements and reporting obligations related to climate change projects. The objective of CACF is to extend large-scale, long-term concessional loans to climate mitigation and adaptation projects that embed gender equality principles throughout the various phases of the project cycle, particularly the empowerment of women and girls.Concessional DebtDebt
- NEPAD Climate Change FundClimate FundThe NEPAD Climate Change Fund aims to strengthen the resilience of African countries to climate change by building national, sub-regional and continental capacity. Established in 2014 by the NEPAD Agency with support from the Government of Germany, the Fund offers technical and financial assistance to AU Member States, Regional Economic Communities and institutions that meet the eligibility criteria and clearly defined targeted areas of support of the fund. The Fund also supports projects on knowledge and capacity development for better planning, coordination and implementation of climate change activities. Target areas of the fund include adaptation of agriculture to climate change, biodiversity, access and benefit sharing, development and implementation support to National Adaptation Plans (NAPs) and mainstreaming of climate change into the National Agricultural Investment Plans (NAIPs).Grants
- African Adaptation Benefit Fund (ABM / AABF)Climate FundThe ABM is an innovative mechanism for mobilizing new and additional public and private sector finance for enhanced climate change adaptation action. It has the potential to speed up transformation to low-carbon, resilient and sustainable development of the host countries by giving value to resilience. ABM will contribute directly to the establishment of a new business model for adaptation and the achievement of: The Sustainable Development Goals; The Adaptation and Climate Finance goals of the Paris Agreement; The UNFCCC long-term finance goal; Adaptation and resilience goals and needs of developing countries expressed in, amongst others, Nationally Determined Contributions, National Adaptation Plans, Technology Action Plans and Long-term strategies for low-emissions, resilient and sustainable development. More about the African Adaptation Benefit Fund can be found hereGrants
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Showing 23 of 227 matching capital sources. The remaining 204 — including their verified routes, ticket sizes and eligibility criteria — are reserved for members.
Common questions
- Who funds renewable energy in North Africa?
- Multilateral development banks, European development finance institutions, climate funds and export credit agencies, often blended with commercial lenders.
- Is there funding for water projects in the Middle East?
- Yes. Water efficiency, desalination, wastewater reuse and drought resilience are priority areas for adaptation funders and development banks.