|| The Clean Energy Solutions Center, in partnership with United Nations Foundation’s Energy Access Practitioner Network, is hosting a no-cost webinar on Mobilizing Commercial Finance to Achieve Universal Energy Access Across Sub-Saharan Africa. Recent groundbreaking research by Catalyst Off-Grid Advisors and the Shell Foundation shows that the off-grid energy industry in Africa is in need of a massive increase in commercial investment. The number of enterprises competing in the market is flourishing and scalable solutions are emerging in a variety of geographies. Yet there remains a massive gap in the amount of financing required to scale-up these businesses to serve the over 125 million households in Africa that still lack access to modern energy services.
According to this new research, the off-grid energy sector in Africa requires $32 billion of commercial capital, including $1 billion of catalytic grant/blended capital, plus funding for a $4 billion affordability gap for the poorest who cannot afford entry level systems. Please join panelists from Shell Foundation, Catalyst Off-Grid Advisors, GOGLA, and the UN Foundation to discuss this industry capital gap and potential solutions.
The presentations will be followed by an interactive question and answer session with the audience.