• Friday, April 26, 2024
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PUTTRU digitalises interface between DFIs and African energy market

PUTTRU digitalises interface between DFIs and African energy market

As African countries, especially Nigeria continue to work towards bridging the energy gaps of today and the future, a Nigerian technology company, PUTTRU has initiated a digital interface to connect Development Financial Institutions, DFIs, and the African energy market.

Part of this initiative is its recent report: ‘3 Must-Haves for Energy Projects to Attract Investment in Africa’ posted on its website as a means of sensitising stakeholders. It is rich with actual examples from key stakeholders on what works in the industry, the company said.

“PUTTRU is delighted to present this report on ‘3 Must-Haves for Energy Projects to Attract Investment in Africa’. Rather than leaving people with theories, we have presented in this report a pipeline of projects, which is by no means an exhaustive list of projects currently underdevelopment in Africa.

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“However, the relevance of sharing the list is to let players in the energy sector know that they can, unquestionably, put into practice these 3 Must-Haves almost immediately, if they decide to. In reality, our continent’s regional development finance institutions (DFIs) have the funds in place to support the private sector to participate in developing Africa’s energy sector,” Monica Maduekwe, founder, PUTTRU Technologies Limited said.

Maduekwe explained that in line with what PUTTRU stands for, this report demonstrates its commitment to removing the barriers holding Africa’s energy market back from meeting the current and future energy demands of African countries.

PUTTRU supports projects which seek to produce a pipeline of investment-ready women-led energy projects through feasibility studies among others.