InfraCo Africa Development is a facility of the Private Infrastructure Development Group and has been designed to assume the risks and costs of early-stage project development in lower income countries in Africa

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Author: Kevin

This activity (InfraCo Africa Development is a facility of the Private Infrastructure Development Group and has been designed to assume the risks and costs of early-stage project development in lower income countries in Africa) is a component of Second phase of DFID's Support to the Private Infrastructure Development Group (PIDG). reported by FCDO, with a funding type of 'Multilateral organisation' and a budget of £43,780,000.

Energising Development - EnDev

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Author: Kevin

Globally, more than 800 million people still live without electricity and about 3 billion people lack access to clean cooking solutions. This has a dramatic impact on social development, economic opportunities, health, education and the environment. EnDev’s involvement focuses on providing access to affordable, reliable, sustainable, and modern energy as a means to deliver social, economic, and environmental change.

Lagos Plan of Action for the Economic Development of Africa

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Author: Kevin

The Lagos Plan of Action (officially the Lagos Plan of Action for the Economic Development of Africa) was an Organisation of African Unity-backed plan to increase Africa's self-sufficiency. The plan blamed Africa's economic crisis on the Structural Adjustment Programs of the World Bank and International Monetary Fund and the vulnerability of African economies to worldwide economic shocks, such as the 1973 oil crisis. It has been characterized as the collective response of African states t

Power Africa

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Author: Kevin

Since 2014, Power Africa is making a difference across all sectors, from health and education, to gender and agriculture. As of July 31, 2019, 56 of Power Africa’s 124 financially closed projects are up and running and turning more Lights On by producing 3,486 MW of new electricity that transforms businesses, economies, and livelihoods. More than 68 million people in sub-Saharan Africa now have first-time access to electricity thanks to the 14.8 million new home and business connections facilitated by Power Africa support.

Facility for Energy Inclusion (FEI)

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Author: Kevin

The design, structuring, and implementation of an energy inclusion facility. The Facility will be focused on providing senior and mezzanine debt financing to small scale projects (on-grid, mini-grid and off-grid) with total costs less than USD 30 million and to distributed energy companies and other entities focused on off-grid energy solutions. The Facility will seek, through a stream-lined platform, to alleviate the barrier of high transaction costs faced by small scale projects and increase the flow of capital to the energy sector.