Private Financial Advisory Network (PFAN) has launched a call for proposals for climate and clean energy projects and businesses in Sub-Saharan Africa. The proposal is for the entrepreneurs looking to initiate or scale-up clean energy or other climate change-related projects and seeking an investment of up to $50 million. This is an open-ended call for proposals without a deadline, however, to be considered for participation in the PFAN Climate & Clean Energy Investment Forum, proposals must get submitted by January 31. The forum will be held in Nairobi in April 2018. Selected projects will receive coaching from experienced professionals and will be introduced to interested investors.
The coaching support provided through the PFAN Project Development and Financing Initiative for Climate & Clean Energy in Sub-Saharan Africa will help entrepreneurs develop and refine a financially, socially and environmentally viable business plan, to be employed in subsequent investor outreach. Upon the completion of the coaching phase, the projects will obtain assistance in terms of financial mobilization, follow-up support and deal making facilitation.
The project / business must promote or use clean energy and / or climate technologies, products or services including, Biomass, Biogas, Bio-fuels, Solar, Wind, Hydropower, Yidal/Ocean, Energy Products from Forestry, Rural Electrification& Energy Acess, Ecosystem Services, Urban & Peri- Urban Development, Distributed & Off-grid Generation, Energy Storage & Conservation, Energy Efficiency and Demand Reduction, Waste to Energy, Emissions Reduction, Clean Transport, Climate Change Adaptation, Agriculture and agribusinesses, Productive use of Clean Energy, Productive use of Clean Energy, Water & Sanitation.