Cygnum Capital is proud to announce its appointment by the COMESA Secretariat as Manager of the COMESA Project Preparation Facility (PPF), financed under The World Bank’s ASCENT Program to accelerate access to clean and sustainable energy across Eastern and Southern Africa.
The USD 25 million, demand-driven Facility is designed to bolster investment in distributed renewable energy (DRE) and clean cooking projects across the region. The Facility will also integrate environmental, gender and social inclusion considerations to ensure sustainable and equitable outcomes.
As PPF Manager, working closely with COMESA and the World Bank, Cygnum Capital will lead the Facility’s design, operationalisation and administration to expand reliable energy access and deliver ASCENT’s vision of a greener, more inclusive future.
