renewAfrica Initiative: Advancing European commitment to Africa’s clean energy access

The renewAfrica Initiative is a European multi-stakeholder backed initiative to accelerate Africa’s sustainable energy transition. It seeks to catalyse transformational renewable energy investments that will foster the continent’s future sustainable development.

renewAfrica ambitions to be a one-stop shop Programme with a mission to advance European investment in African renewable energy projects. It seeks to catalyse transformational RE investments and building a pipeline of bankable RE projects through a risk-based approach: our many stakeholders are helping us identify those investment risks, and designing measures to address them. It aims to be comprehensive in the sense that it will offer technical assistance, capacity building, policy dialogue and general advisory services in addition to the more standard elements of financing and financial de-risking tools.