Our Cobelec™ business plan placed DalinYebo a runner-up at the CTI PFAN Africa Forum for Clean Energy Financing (Johannesburg, 15 September 2010). DalinYebo was the first South African company in a competition that saw
CTI PFAN AFRICEF?
“The CTI PFAN Africa Forum for Clean Energy Financing (AFRICEF), seeks to nurture individuals, project teams and consortia, start-up and existing companies with environmentally beneficial business proposals with the aim of making them happen. The Private Financing Advisory Network (PFAN) is a multilateral, public-private partnership initiated by the Climate Technology Initiative (CTI) in cooperation with the UNFCCC Expert Group on Technology Transfer. PFAN operates to bridge the gap between investments and clean energy businesses. PFAN identifies promising clean energy projects at an early stage and provides mentoring for development of a business plan, investment pitch, and growth strategy, significantly enhancing the possibility of financial closure. Projects may be proposed for inclusion in the PFAN development pipeline at any time” (www.cti-pfan.net).
AFRICEF was organised by the Climate Technology Initiative (CTI) and its Private Financing Advisory Network (CTI PFAN) with the support of the International Center for Environmental Technology Transfer (ICETT), and co-organised by the South African National Energy Research Institute (SANERI), the Energy Fund of Mozambique (FUNAE), the Rural Electrification Agency of Uganda (REA), the Private Sector Foundation Uganda Energy for Rural Transformation Programme (PSFU ERT), PPL International, Verde Azul, and the Uganda Carbon Bureau. AFRICEF is sponsored by the Renewable Energy and Energy Efficiency Partnership (REEEP), United States Agency for International Development (USAID), the CTI and ICETT.