REEEP

Establishing PFAN in Mozambique & Uganda

The Private Financing Advisory Network (PFAN) is a successful public private partnership initiated by the Climate Technology Initiative (CTI). It acts as a financing coaching and investor matchmaking service to guide clean and renewable energy projects to a bankable financial close. Services are free of charge.
Regional networks have been established in Latin America, Africa, Asia and CIS/ Eastern Europe, with dedicated country networks and activities in China and India. These mechanisms that are in place can be transferred to other countries.

Purpose

To establish PFAN networks and activities in Mozambique and Uganda, in support of other PFAN activities elsewhere in Africa.

Main activities and outputs

  • Establishment & build-out of PFAN Networks in Mozambique and Uganda
  • Identification of projects for inclusion in PFAN's development pipeline for receipt of guidance on project development and financing; support in proposal preparation; brokering contacts to investors & financiers
  • Transfer of a scalable Brazilian model to Mozambique as a pilot project for the cultivation of high value-added crops at the family farm level
  • Technical assistance and training to raise the ability of local market players to develop new projects.
  • Achieve financial closure on 4 - 8 medium scale clean/renewable energy projects (biomass-to-energy, solar, small-hydro, bio-fuels etc), raising a total of USD 10 - 60 million

Expected impacts

  • Reduction of the perceived obstacles to the mainstreaming of financing for clean and renewable energy projects in Mozambique & Uganda.
  • Increased access to financing networks and investment for local clean energy project developers and entrepreneurs
  • Scale up of investment in clean and renewable energy
  • Development of related projects integrating other MDGs, particularly for food security, HIV and women
  • Development of capability in local institutions (NGOs / government agencies) for creation of sustainable agricultural microenterprises using renewable technology

Disclaimer

This text is merely a summary and not authorised by the Project Partner. Please see our General Disclaimer for more details