Fonds decim
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Who we are?

Le Fonds DECIM (Digital and Energy Connectivity for Inclusion in Madagascar),

With an initial capital of USD 97 million, the DECIM Fund (Digital and Energy Connectivity for Inclusion in Madagascar) provides financing to mini-grid developers, off-grid solar (OGS) companies, productive use of energy (PUE) companies, digital sector businesses, and financial institutions active in these areas.

Building on the achievements and best practices of the Off-Grid Market Development Fund (OMDF), the DECIM Fund aims to expand access to electricity while embedding digital inclusion into its core objectives, thereby amplifying the impact of its initiatives.

Illustration

Vision

The DECIM Fund seeks to transform access to both energy and digital services in Madagascar. Its goals include:

Expanding electricity access through off-grid solutions

Making digital devices more accessible and affordable

The Fund is committed to improving access to energy and digital services, with a particular focus on vulnerable populations, remote communities, and women and girls, all 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

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off-grid connections

through equipment such as solar home systems and solar lamps.

Deploy at least

0

connections

served by mini-grids

Distribute

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internet-connected digital devices

with 400,000 of these allocated to women and girls, helping to bridge the digital gender gap.

Additional objectives

In addition, the DECIM Fund aims to:

  • Promote responsible practices, particularly in electronic waste management
  • Prevent the spread of end-of-life products in the environment
  • Implement a gender action plan to close gender gaps and ensure progress toward gender equality goals
  • Support private sector development and accelerate the growth of off-grid energy and digital markets through technical assistance
  • Improve access to external financing for businesses by leveraging catalytic funding mechanisms

Meet our
team

Christian SCHATTENMANN

DECIM Fund Director

Liva JEANNODA

Local Manager & Debt facility Specialist

Panayiotis SPYROPOULOS

SHS Specialist

Davide MARIANI

Minigrid and PUE specialist

Marie TESTARD

Marie TESTARD Minigrid Specialist

Julie ANDRIANALIMBOAHANGY

Julie ANDRIANALIMBOAHANGY Digital Specialist

Hasina RAKOTOARISOA

Communication Specialist

Hery Tiana RAZAFITSIAFAJATO

Senior Investment Analyst

Mbato RAKOTOVAO RAKOTOARISOA

Senior Investment Analyst

Mialy RANDRIAMBOARISON

Senior Investment Analyst

Cathya Humina HOSSNALY

Junior Investment Analyst

Anja RAKOTOVELOMANANA

Junior Investment Analyst

Mirantsoa HANITRINIAINA

Administrative Assistant

Christelle RAKOTOMALALA

Finance Assistant

Our partners

The DECIM Fund is part of the broader DECIM Project, an initiative launched by the Malagasy government and entrusted to the Ministry of Energy and Hydrocarbons (MEH) and the Ministry of Digital Development, Posts and Telecommunications (MNDPT). The project is financed by the International Development Association (IDA), with USD 97 million allocated to establish the DECIM Fund through the World Bank.
Bamboo Capital Partners, a platform specializing in impact investment, has been appointed by the Malagasy government and the World Bank as the Fund Manager of the DECIM Fund.

BRED MADAGASIKARA BP serves as the Fund’s banking partner.

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