Sustainable energy in Africa
Is sustainable energy in Africa a market for you? Sida and Business Sweden will arrange a seminar to inform the private sector on these new opportunities in April.
Around 600 million people still lack access to electricity in Africa. At the same time Africa has the potential and the ability to utilize renewable resources to fuel the majority of its future growth with renewable energy. There is also a huge scope for improving energy efficiency.
New ideas and creative business people are needed to develop sustainable solutions in new areas, such as in the agricultural value chain and the rapid urbanization.
Doing so would be economically competitive with other solutions, would unlock economies of scale, and would offer substantial benefits in terms of equitable development, local value creation, energy security, and environmental sustainability.
This is a huge untapped market.
The African market is however challenging; hurdles such as access to finance, quality and warranty issues, logistics and regulatory barriers exist. Therefore Sida has developed different mechanisms to reduce the risk and enable more companies to enter these new markets.
Sida and Business Sweden will arrange a seminar in Stockholm in April to inform the private sector on these new opportunities, most likely 18 April 2018.
The formal registration for this event will open shortly. Those who already registered their interest will be automatically signed up (with the option to decline).