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.
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 program. 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 in August being held 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.