1. REEEP co-financed activity
Financing Cogeneration And Small-hydro Projects In The Sugar And Tea Industry In East And Southern Africa
REEEP co-financed activity

2. Introduction
The REEEP funded initiative aims at addressing the financing barriers and risks that face agro-industries in selected African countries, in investing in Renewable Energy and Energy Efficiency Services (REEES)
Important option as agriculture and agro-industries account for close to 50% of sub-Saharan Africa’s GDP and over 70% of employment
Targeting 2 agro-industries (tea and cane sugar) and partnering with 2 parallel on-going UNEP/GEF projects; Greening the Tea industry in East Africa (small hydro) and Cogen for Africa (Bagasse cogeneration)
Could be replicated across wide range of agro-industries
Wood/timber, pulp and paper
Coffee, sisal, palm oil, tea, cocoa, tobacco, etc
Countries covered: Ethiopia, Mozambique, Tanzania, Uganda and Zambia

3. Key Objectives Key Activities
Analyse, understand and build capacity for addressing the challenges associated with lending to the agro-industries for sustainable energy investments
Strengthen networking among financial institutions interested in financing these sectors
Key Activities
Consultations with industry representatives
Identify and analyze risks associated with financing of energy projects in the tea and sugar industries
Develop mechanisms for overcoming financial barriers facing the sugar and tea sector in development of REEES units – standard PPA
Training and capacity building for key stakeholders

4. Expected Outputs
A set of financial and risk mitigation instruments accessible to the region’s financial community, and sugar and tea industries that will facilitate REEES investments
Training workshops on financing for energy projects in the Tea and Sugar industry, risk assessment and mitigation for financial institutions
A mailing list of domestic, regional and international financial institutions and investors interested in financing REEES in target countries
Reports and short articles on financial barriers facing the tea and sugar industries and options for overcoming barriers
A website with information on the cogen and small hydro financing opportunities and tools for minimizing financial risks (

5. Training Workshop Objectives
To introduce participants to the two GEF REEEP-related ‘Greening the Tea Industry in East Africa’ and ‘Cogen for Africa’ initiatives.
To introduce participants to the fundamentals of renewables and power sector issues
To expose financial institutions representatives and sugar and tea industry representatives challenges, barriers and risks of financing REEES projects in the tea and sugar sectors
To expose financiers to opportunities for financing REES in the agro-industries, as well as investors from the agro – industries in the region to financing opportunities available from the financial institutions
To provide a link and network between the financiers and investors

6. Presentations to cover:
Structure and Format
Presentations to cover:
Small hydro
Cogeneration
Power sector reforms
Risks and barriers to financing RE
Financing options for RE
Case examples of financing RE
Interactive sessions and group discussions through out
Sharing of knowledge based on wide range of expertise

7. Discussion Groups
Groups to discuss specific experiences on risks and challenges of financing RE
Discuss most common risks
Rank the 3 most common risks and provide justification for ranking
Propose mitigation strategies for the risks

8. Energy, Environment and Development Network for Africa
AFREPREN/FWD
Energy, Environment and Development Network for Africa
Contacts
Websites: