First grant awarded under DECIM Fund’s mini-grid program
25 June 2025
Official launch of the DECIM Fund’s RBF Mini-Grid facility: two windows to accelerate electricity access in Madagascar
Antananarivo, March 27, 2025 – The DECIM Fund organized a launch workshop for the Results-Based Financing (RBF) Facility for mini-grids at Le Centell Hotel in Antanimena, Antananarivo. This strategic event, held in person and broadcast online, aimed to present the two financing windows to private companies active in the off-grid energy sector.
Two windows at the heart of the Mini-Grid strategy
The March 27 workshop gave participants a detailed overview of the RBF Mini-Grid facility, which includes two complementary windows:
- Window 1 – New mini-grids (open from March 31 to April 27, 2025): Designed to support the development of new projects in underserved areas.
- Window 2 – Acceleration of existing mini-grids (open from April 14 to May 11, 2025): Aims to strengthen and expand mini-grids already in operation or in advanced stages of development.
A Call for innovation and inclusion
Beyond the numbers, the DECIM Fund reaffirms its commitment to foster innovation, strengthen the capacity of the private sector, and promote inclusion, with a particular focus on the economic empowerment of women. The March 27 workshop thus marked a decisive step in the operational implementation of the project.
As a reminder, the DECIM Fund is part of the envelope of the DECIM Project, an initiative of the Malagasy Government financed by the World Bank, and implemented by the Ministry of Energy and Hydrocarbons (MEH) and the Ministry of Digital Development, Posts and Telecommunications of Madagascar (MNDPT). The fund is managed by Bamboo Capital Partners, acting as the Fund Manager.
