1. What is the background?

According to Axial, investments firms spend between USD 450,000 and USD 1 million a year to source project deals with various degree of success. Similarly, RiA found through our study that funders and developers will disburse around USD 190,000 every 6 months to secure Renewable Energy projects.

With a limited amount of strong deals in emerging markets and especially Africa, it is not surprising to see firms spending all this amount for a single project.

This situation is seriously hurting the sector as investors and the customers are losing faith in developing business activities in African countries and redirect their sourcing efforts to other geographies.

Consequently, several stakeholders will lose interest in the continent, either withdrawing altogether or simply not attempting to enter a market they perceive as risky and not rewarding for their time and resources.

The process to source projects is clearly inefficient and can be substantially improved. Renewables in Africa (RiA) is planning to roll-out a workshop-series with a selected audience to address these concerns.

2. What will the workshop(s) offer?

The workshop will offer to participants:

• Broad market insights into the Renewable Energy Industry across Africa.

• A structured and effective framework to source bankable projects.