More than 500 million are living in Africa without access to electricity. It needs billions in new clean energy investment. But how? Public-private partnerships are one solution
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One of the reasons why sub-Saharan Africa has so many without power is because the utilities there lack the ability to get loans or investment, meaning they cannot finance an expansion of infrastructure — either the transmission and distribution or the electric generators. But theis now an intermediary, becoming the creditworthy entity that is used to draw-in financing. Can it be effective?
. “The projects must be sustainable, environmental and economic. This is a way that civil society, corporate investors and government can work together to achieve multiple impacts.” — is the catalyst that brings together the disparate parties and that finds the financing for projects: the enterprise acts more like “angel investors” that are the first-in and that provide credibility to a given deal.
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