Electrification positive aspects a brand new increase with the launch of the Africa Power Access Accelerator
The Africa Power Access Accelerator brings collectively high tier companions to help the event of energy
initiatives in Africa, with first software window closing on the 31st March 2019.
Nairobi, Kenya (January 18, 2019) – Improved entry to trendy vitality providers is without doubt one of the quickest methods to
drive socioeconomic improvement and poverty alleviation. In many markets, electrification has largely been
the area of governments, however the rise of reasonably priced, clear distributed era applied sciences is opening
new alternatives for the non-public sector and for public-private partnerships. Access to reasonably priced and clear
play a essential function in assembly the family and productive wants of the 600 million those who at the moment lack
reasonably priced, dependable electrical energy in Africa.
Developing energy initiatives and elevating finance on the African continent has confirmed a tough endeavour.
There are a number of initiatives in several levels of improvement, most only a idea thought, some with sure
stage of research produced however removed from monetary shut. They want help in any respect the important thing pillars of energy venture
improvement: Project Preparation, Project Structuring and Project Financing.
The Africa Power Access Accelerator (APAA) program by the African Power Platform (APP) bridges the
present hole between venture builders and consultants / expertise suppliers / financiers.
According to Jorge Lascas, Program Director for the APAA, “Bringing collectively the experience of a variety of
companions, the Africa Power Access Accelerator program creates a platform the place builders can entry
all the things required to get their venture to implementation. From improvement experience and funding, fairness
and debt suppliers, consultants, expertise and gear suppliers to full EPC and O&M providers, we put
viable initiatives on a hit monitor”.
The first software window is now open with deadline within the 31st March 2019.
About African Power Platform:
The African Power Platform goals to attach non-public and authorities stakeholders in Africa’s energy sector.
The platform helps flow into and propagate tenders, intelligence and enterprise alternatives to its members.
Developers, energy producers, ministries, utilities, regulators, financiers, and different like-minded people can
be part of APP to share potential options and concepts on the best way to clear up Africa’s lack of electrical energy.
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