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Second West African Forum on Clean Energy Financing (WAFCEF2)
Jointly organized by the African Development Bank (AfDB) / Sustainable Energy Fund for Africa (SEFA), the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) and the Climate Technology Initiative - Private Financing Advisory Network (CTI P-FAN), the second West Africa Forum for Clean Energy Financing (WAFCEF2) business plan competition will take place at AfDB Abidjan headquarters, September 17, 2015 as part of the ECOWAS Sustainable Energy & Investment High Level Forum.
WAFCEF2, two years after WAFCEF1, will feature 10 West African clean energy projects carefully selected as finalists in a West African region-level contest. Each project team will present its business plan to potential investors and lenders.
The projects that will be presented at the 2015 Forum represent Burkina Faso, Côte d'Ivoire, Ghana, Nigeria and Senegal, in addition to a region-level project, featuring green technologies such as biofuels, biomass, biogas, hydroelectric, solar and waste-to-energy.
To see the agenda please click here
To register for the event, please click here
For information on the forum:
African Development Bank: Sonia Borrini, tel +225 56 61 21 27
Sustainable Energy Fund for Africa (SEFA): Joao Duarte Cunha
Climate Technology Initiative - Private Financing Advisory Network: Albert Boateng
ECOWAS Centre for Renewable Energy and Energy Efficiency: Vera Monteiro
For media information, please contact:
Olivia Ndong Obiang, tel. +225 01560505
About the Sustainable Energy Fund for Africa (SEFA):
SEFA is a multi-donor facility to support the sustainable energy agenda in Africa, operating through three components: (i) grants to facilitate the preparation of medium-scale renewable energy generation and energy efficiency projects (ii) equity investments to bridge the financing gap for small- and medium-scale renewable energy generation projects and; (iii) support to public sector in improving the enabling environment for private investments in sustainable energy. SEFA is endowed with US $60 million from the Governments of Denmark and United States and hosted by the Energy, Environment and Climate Change Department of the AfDB.
The CTI Private Financing Advisory Network (CTI PFAN) is a multilateral public private partnership, initiated by the Climate Technology Initiative and the United Nations Framework Convention on Climate Change, which connects clean energy businesses and projects with private sector financing. Through its network of private sector consultants, CTI PFAN provides targeted professional support and advice and technical assistance to selected projects on the preparation of commercially viable, sustainable and climate friendly business models for introduction to investors.
ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) is a specialized agency which acts as an independent body, but within the legal, administrative and financial framework of the ECOWAS rules and regulations. ECREEE aspires to contribute to the sustainable economic, social and environmental development of West Africa by improving access to modern, reliable and affordable energy services, energy security and reduction of negative environmental externalities of the energy system. The institutional structure of the Centre includes the Secretariat based in Praia, Cape Verde.