This report examines the challenge of how to bring power to over one billion people who live without electricity, mostly in very remote, rural areas in sub-Saharan Africa and South Asia. Countries in Africa and Asia need reliable energy to power economic development, and off-grid renewable electricity offers new ways to provide reliable sources of energy. African and Asian countries also have the opportunity to become world leaders in renewable energy.
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The Private Financing Advisory Network (PFAN) has launched a call for proposals for climate and clean energy projects and businesses in Sub-Saharan Africa and Asia. Selected projects will receive no-cost coaching by professional consultants and, once they are investment-ready, benefit from PFAN’s Investment Facilitation services. Entrepreneurs looking to initiate or scale-up clean energy or other climate change-related projects and seeking an investment of up to $50 million are invited to apply. This is an open-ended call for proposals without a deadline.