Global companies are seeking to invest in renewable energy businesses operating in Africa, an investor forum in Nairobi was told. The Africa Enterprise Challenge Fund and the Energy and Environment Partnership Trust Fund forum brought together financiers and companies from across the world. The Nairobi meeting provided a platform for small and medium-sized enterprises to interact with global financiers and firms keen on investment opportunities in renewable energy in Africa. Swedish Embassy, senior programmes manager Paula Kermfors said Financing energy programmes is limited by constraints and challenges that hinder an enabling private sector investment. Daniel Ohonde, AECF chief executive said they have funded 268 businesses in the renewable energy, climate change and agribusiness sectors.

Source: The Star December 19, 2018 20:37 UTC