About us
The DECIM Fund (Digital and Energy Connectivity for Inclusion in Madagascar),
With an initial capital of 97 million USD, the DECIM Fund (Digital and Energy Connectivity for Inclusion in Madagascar), provides financing to mini-grids, off-grid solar companies (OGS-Off-Grid Solar), companies in the Productive Use of Energy (PUE) sector, as well as companies in the digital sector and financial institutions active in these fields.
Building on the achievements and best practices of the OMDF (Off-grid Market Development Fund), the DECIM Fund aims to expand access to electricity and incorporate digital inclusion into its objectives, while strengthening the impact of its actions.
Our vision
The DECIM Fund aims to transform access to energy and digital services in Madagascar and seeks to
expand access to electricity in Madagascar through off-grid solutions
make digital devices more accessible and affordable
Its goal is to facilitate people’s access to energy and digital services, with a particular focus on vulnerable communities, those living in remote areas, and women and girls, while promoting social and economic inclusion
Our objectives
Provide electricity access to
0
people
including 457 000 new connections, with 28.5% specifically targeting women-led households or businesses.
Deliver
0
off-grid connections
through equipment such as solar home systems and solar lamps.
Deploy at least
0
connections
served by mini-grids
Distribute
0
internet-connected digital devices
with 400,000 of these allocated to women and girls, helping to bridge the digital gender gap.
Additional
goals
In addition, the DECIM Fund aims to:
- Promote responsible practices, particularly in the area of e-waste management
- Limit the spread of end-of-life products in the natural environment
- Implement an action plan to address gender gaps and ensure the achievement of gender equality goals.
- Stimulate private sector development and accelerate the growth of off-grid electricity and digital markets by providing technical assistance
- Improve businesses’ access to external financing through leverage mechanisms
Meet
the team
Our partners
The DECIM Fund is part of the budget allocated to the DECIM Project, which was initiated by the Malagasy government and entrusted to the Ministry of Energy and Hydrocarbons (MEH), the Ministry of Digital Development, Posts, and Telecommunications of Madagascar (MNDPT), and the Ministry of Economy and Finance, and which has received USD 97,000,000 in funding from the World Bank Group.
Bamboo Capital Partners, a platform specializing in impact investing, has been appointed by the Malagasy government and the World Bank Group to serve as the manager of the DECIM Fund.
BRED MADAGASIKARA BP is the banking partner of the DECIM Fund.