Africa GreenCo Group, along with its subsidiaries and in collaboration with the African Capacity Building Foundation (ACBF), Invest Africa, 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.
According to a statement issued to RCV News in Lusaka today, GreenCo and collaborators will conduct a series of meetings and webinars focused on project development, financing mechanisms, regulatory requirements, risk mitigation strategies, and more.
The statement reads that 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,” read the statement.
The statement says 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.
“This initiative will be launched at the Energy Forum for Africa Conference in Zambia, on 16th August 2024,” read the statement.
By Eva Hatontola
