Investors, developers to meet in Cape Town for Africa's electricity summit

Investors, developers to meet in Cape Town for Africa’s electricity summit

Investors and developers from all over the world will gather in Cape Town, South Africa, on 30-31 October 2014 to discuss financing options for electricity projects as the continent is plunged into a deep electricity crisis.

The 8th Annual Powering Africa – as the event is called – will welcome CEOs and senior-level directors who will get to the heart of the issues and opportunities surrounding the financing of power projects in Africa, allowing for a limited number of participants to engage with key decision-makers through a series of open, uninhibited discussions.

As Africa’s demand for power generation continues to outstrip supply, the question of how to finance the future of Africa’s power sector looms large.

Prospective investors must fully understand the latest developments in Africa’s finance sector in order to launch successful projects and build long term relationships with local government.

Private equity investments into Africa were up by 136% in 2013, with a huge chunk of that going to power and infrastructure projects.

Pension funds and sovereign wealth funds are also increasingly looking into long term power projects to fund, with lenders working hard to develop debt financing models to keep up with Africa’s power market.

Confirmed speakers include, among others:

  • Karen Breytenbach, head of IPP Office, National Treasury, South Africa
  • Moremi Marwa, CEO of Dar Es Salaam Stock Exchange,
  • Peter Ballinger, director of US-Africa Clean Energy Development and Finance Centre Overseas Private Investment Corporation (OPIC)
  • Waziri Bintube, CEO of Nigerian Bulk Electricity Trading Plc

Photo: IPS


Related Posts Plugin for WordPress, Blogger...

, ,

Comments are closed.