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Africa holds the key to humanity’s global climate future, hosting 7 of the top 20 fastest growing economies and nearly 600 million people without electricity. If the continent is to energise using fossil fuels, the impact will be global.

An effective project development cycle, which allows greenfield project developers to recycle their capital into new projects, is required to enable the African continent to utilise its abundant renewable energy resources. With a pipeline of greenfield projects coming online, the market’s ability to absorb these projects has become a key bottleneck in the project development cycle.

Gaia Fund Managers aims to catalyse a sustainable project development cycle by crowding in more investors at all stages of the funding ecosystem, thereby providing widespread access to clean energy to fuel a vibrant and sustainable growing African economy.

Year

2021

Target Region

Africa - East
Africa - South
Africa - West

Sector

Energy Generation
Water and Sanitation

SDGs

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