The African Union’s (AU’s) planning body, the New Partnership for Africa's Development (Nepad), is undertaking an exercise that will accelerate the development and implementation of Africa’s high priority renewable energy projects and will be organising a showcase at the Africa Energy Indaba for African countries that are ready to show an investment prospectus. This is one of Nepad’s contributions to the implementation of the Africa Renewable Energy Initiative that was endorsed by the AU Summit in June last year and to the United nations-led Sustainable Energy for All (SE4All) initiative. The exercise involves the provision of a platform where project owners at national level directly present their chosen projects to developers and financers and strike business deals for either the development of projects to bankability, or financial close of the project if it has reached bankability.
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