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Home Energy

Invest Africa and partners help alleviate power shortages in the SADC region

Emmanuel Chilamphuma by Emmanuel Chilamphuma
July 22, 2024
in Africa, Energy, Infrastructure
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This exposure will provide local developers and Independent Power Producers (IPPs) with access to potential funding opportunities, ensuring the success and viability of their projects and delivery on the ground

Africa GreenCo Group, along with its subsidiaries (together GreenCo) and in collaboration with the African Capacity Building Foundation (ACBF), Invest Africa (www.InvestAfrica.com) (a leading pan-African trade and investment platform) and Africa Infrastructure Development Association (AfIDA), is launching an initiative to support local developers and Independent Power Producers (IPPs) in the SADC region. This program aims to tackle regional power shortages by offering essential guidance through the stages of project development, contributing to a more sustainable and reliable energy sector. GreenCo and collaborators will conduct a series of meetings and webinars focused on project development, financing mechanisms, regulatory requirements, risk mitigation strategies, and more.

Also read: Africa’s top 5 agri-commodities for the next decade

GreenCo is committed to empowering and driving sustainable growth in the energy sector in the region. From August to December, GreenCo and collaborators will host monthly events, inviting members of the investment community to participate. These events will allow projects to be presented to international lenders and investors through AfIDA’s incubator program at the end of the programme. This exposure will provide local developers and IPPs with access to potential funding opportunities, ensuring the success and viability of their projects and delivery on the ground. GreenCo partnered with Invest Africa on their Investment Mission to Zambia in 2023 and Zimbabwe previously, to promote Zambia and Zimbabwe’s untapped potential to the international investor community.

This initiative will be launched at the Energy Forum for Africa Conference in Zambia (http://apo-opa.co/3xWLByJ), on 16th August 2024 in Lusaka, Zambia. The webinars will form part of the actionable outcomes of the forum, focusing on finding long-term solutions to the current energy crisis in Zambia and Zimbabwe and alleviating power shortages in the region.

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Source: Invest Africa
Tags: africaAfrica GreenCo GroupAfrica Infrastructure Development Association (AfIDA)African Capacity Building Foundation (ACBF)BusinessdevelopmentEnergyEvents/Media AdvisoryGreenCoindependent power producers (IPPs)InfrastructureInvest Africa and partners help alleviate power shortages in the SADC regioninvestmentsadcZambiazimbabweафрикаأفريقياアフリカ非洲
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Emmanuel Chilamphuma

Emmanuel Chilamphuma

Emmanuel is the founder and principal of Sarko Partners, a UK-based business development agency bridging opportunities between the UK and key African markets. He has developed his career as a Senior Africa-focused Analyst having held positions in different private investment groups operating in Subsaharan Africa. Emmanuel also holds a position at FurtherMarkets where he manages a number of Business Development initiatives connecting Southern Africa to foreign markets, particularly the UK, the US, and the European Union. Emmanuel was born in Zimbabwe to a Malawian family and grew up in London. He holds an International Economic Law degree from the University of London.

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