The U.S. Trade and Development Agency announced on August 6 a call for initial proposals from project sponsors in sub-Saharan Africa or U.S. companies working with African project sponsors.
These entities are invited to submit an initial concept paper on energy-related projects to USTDA no later than Tuesday, October 2, 2018, at 12:00 pm Eastern Time to be considered for funding.
The proposal should include a brief description of the project’s size and status, including project location, economic fundamentals, equipment and technology requirements, legal and regulatory considerations, and the purpose and amount of USTDA funding requested. The proposal should also outline the sponsor’s experience, potential options for financing the project risks the project faces and estimated the potential for U.S. content in the project’s implementation.
USTDA is an implementing agency of both the Power Africa and U.S.-Africa Clean Energy Finance programs, which seek to increase access to electrical power and support private sector investments in African energy infrastructure. USTDA’s investments under these programs provide critical early-stage support to advance new power generation, transmission and distribution infrastructure.
Original source: USTDA
Published on 6 August 2018
