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PUTTRU Report chronicles opportunities in $38bn energy sector

A new report has chronicled the huge investment opportunities available to projects and initiatives in the African energy sector especially in Nigeria. The report exposes…

A new report has chronicled the huge investment opportunities available to projects and initiatives in the African energy sector especially in Nigeria.

The report exposes potential investors to the pipeline of energy projects in the continent estimated to about $38bn.

Titled: “3 Must-Haves For Energy Projects To Attract Investment in Africa”, the report was divided into three parts:  Why Invest in Africa’s Energy Sector; How to Ensure Investability of Energy Projects in Africa, and What Projects to Get into in Africa

It is a crystallisation of one-on-one conversations with stakeholders in the energy industry and the funding institutions.

It also serves as a guidebook for investors and energy project developers on how to design projects that meet funding viability.

Currently available for free download, the report released by a business facilitation firm, PUTTRU, also serves to inform African governments on conditions needed for them to pull investors in, especially with other regions in the world competing for the same capital from funding institutions.

CEO of PUTTRU, Monica Maduekwe said: “Rather than leaving people with theories, we have presented in this report a pipeline of projects, which is by no means an exhaustive list of projects currently under development in Africa. However, the relevance of sharing the list is to let players in the energy sector know that they can, unquestionably, put into practice these 3 Must-Haves almost immediately, if they decide to.

In reality, our continent’s regional development finance institutions (DFIs) have the funds in place to support the private sector to participate in developing Africa’s energy segment. In line with what PUTTRU stands for, this report demonstrates our commitment to removing the barriers holding Africa’s energy market back from meeting the current and future energy demands of African countries.”

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