PRIVATE SECTOR

Financial institutions and entrepreneurs need a stable and secure investment framework.
From the perspective of local communities, SMEs, large national companies and international private sector companies and financial institutions, some of the elements necessary for an enabling environment must already be in place for African countries to attract investment in renewable energy.
A fundamental element is a strong regulatory framework that ensures compliance with contracts and the rule of law.
Investors must be able to be confident that contracts will be respected and that they will not be renegotiated, i.e. invalidated or revised by government measures after signature.

The awareness that markets will not develop and deliver the results expected by themselves quickly, the growing recognition of the need for targeted incentives and appropriate regulations to fully exploit the potential of the private sector and ensure that it provides energy in line with societal priorities and objectives.

Increasing calls for African private sector investment in renewable energy technologies.
There is a growing awareness that the African private sector has the capacity to transform the continent economically and socially by making long-term investments in key sectors such as infrastructure and electricity, which not only generate high incomes, but also contribute to addressing the most pressing problems facing Africa.