Platform for African – European Partnership in Agricultural Research for Development

Tuesday, April 2, 2013

West Africa Forum for Clean Energy Financing (WAFCEF)

The ECOWAS Regional Centre for Renewable Energy and Energy Efficiency (ECREEE), the Climate Technology Initiative . Private Financing Advisory Network (CTI PFAN) and the Regional Clean Energy Investment Initiative (RCEII) of the U.S. Agency for International Development (USAID), together with their West Africa CTI PFAN partners are inviting West African entrepreneurs with promising clean energy projects (renewable energy resources and energy efficiency) to enter into a Business Plan Competition - the West Africa Forum for Clean Energy Financing (WAFCEF).

Applications must be received by April 30, 2013.

WAFCEF is being promoted by ECREEE, CTI PFAN, RCEII together with the African Development Bank (AfDB) through its Sustainable Energy Fund for Africa (SEFA), Banque Oeste Africaine de Developpement (BOAD), and the African Biofuels and Renewable Energy Company (ABREC), which is affiliated with the ECOWAS Bank for Investment and Development (EBID).

The purpose of the Forum is to identify and nurture entrepreneurs, start-up companies and existing companies with promising clean energy projects by linking them with investors and financiers. West African businesses selected through the Business Plan Competition will receive free mentoring to help them polish their business plans, develop convincing investment pitches, and formulate a commercially, financially, socially and environmentally viable growth strategy that in turn will significantly enhance the possibility of obtaining financing.


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