Tag Archives: Sidney Yankson

Ghana Capital Partners shortlisted for second West Africa Clean Energy Finance Forum (WAFCEF-2) in Accra, Ghana, 25 March 2015

CTI-pfan

Ghana Capital Partners was shortlisted from 50 applicants to participate in the second West Africa Clean Energy Finance Forum (WAFCEF-2).

The WAFCEF-2 partners include the Climate Technology Initiative Private Financing Advisory Network (CTI PFAN), Regional Clean Energy Investment Initiative (RCEII) together with the United States Agency for International Development (USAID), the ECOWAS Regional Centre for Renewable Energy and Energy Efficiency (ECREEE), Banque ouest africaine de développement (BOAD), and the African Biofuels and Renewable Energy Company (ABREC), which is affiliated with the ECOWAS Bank for Investment and Development (EBID).

The purpose of the forum is to reach out and attract potential start-ups and existing companies with promising clean energy projects. West African businesses selected through the Business Plan Competition will receive free mentoring to help them polish their business plans, develop convincing investment pitches, and formulate a commercially, financially, socially and environmentally viable growth strategy that in turn will significantly enhance the possibility of obtaining financing.

Albert Boateng, regional co-ordinator for West Africa, opened the session in Accra today and said the standard of applicants was high.

GCP founder Sidney Yankson presented GCPs 28MW solar PV project to the workshop. The GCP project once constructed will provide much needed power to the Ghana electricity distributor, Electricity Company of Ghana, for 200,000 homes.

The project is set to provide 42 GWhr/year of energy and create at least 20 jobs.

Sidney Yankson of GCP said, “We are keen to get the project off  the ground. The rolling blackouts in Ghana are probably reducing the countries output by 1% of GDP per ann.”

About the Sustainable Energy Fund for Africa (SEFA): SEFA is a multi-donor facility to support the sustainable energy agenda in Africa, operating through three components: (i) grants to facilitate the preparation of medium-scale renewable energy generation and energy efficiency projects (ii) equity investments to bridge the financing gap for small- and medium-scale renewable energy generation projects and; (iii) support to public sector in improving the enabling environment for private investments in sustainable energy. SEFA is endowed with US $60 million from the Governments of Denmark and United States and hosted by the Energy, Environment and Climate Change Department of the AfDB.

CTI-PFAN WAFCEF workshop - Accra, Ghana - 25 Mar 2015      CTI PFAN workshop, Accra, Ghana - 25 March 2015

 

Sidney Yankson lectures Cambridge Africa Business Network on Private Equity Opportunities in Africa

Cambridge Africa Business Network

Cambridge Africa Business Network

Ghana Capital Partners (“GCP”) CEO, Sidney Yankson, recently delivered a presentation on the opportunities for investors in Africa, with a particular focus on private equity. Presenting at the Judge Business School on Trumpington Street in Cambridge, Mr. Yankson’s presentation was simultaneously broadcast live via an online webinar.

His presentation covered such topics as best sectors for growth, ethics of investing in Africa and how to deal with corruption.

This presentation was one of a series of expert presentations at the Judge Business School at the University of Cambridge.

The Webinar details can be found here and the recorded presentation together with questions and answers can be found by clicking here.

Sidney Yankson attends Ghana – China Friendship Day, Accra, Ghana, 23rd August 2013

Sidney Yankson recently attended the Ghana-China Friendship Association (“GHACHIFA”) in Accra, Ghana held at Teacher’s Hall, Accra.

The keynote speaker, H.E. Victor Gbeho, president of ECOWAS and Ghana’s former Foreign Minister, gave a detailed review of the history and context of the Ghana-China relationships over more than five decades.

The Chinese Ambassador to Ghana, H.E. Gong Jianzhong, gave a warm reply.

The other guests included the Speaker of the Parliament of Ghana The Rt. Hon. Edward Doe Adjaho, H.E. Mr. Kojo Amoo-Gottfried, President of GHACHIFA and former Ghanaian Ambassador to China, Ambassador Thomas Kwesi Quartey, Deputy Minister For Foreign Affairs And Regional Integration, as well as almost 100 officials, dignitaries, businessmen and members of the diplomatic corps.

Please click here for more information about GHACHIFA.

Africa-European Union Energy roundtable says that early stage project finance remains a key challenge

The EUEI PDF Roundtable on Venture Capital for Renewable Energy and Energy Access in Africa has recently published a summary of the event. The EU brought together a small group of professionals from private equity / venture capital as well as development agencies and banks for a semi- informal roundtable discussion. Mr. Sidney Yankson attended the event on behalf of Ghana Capital Partners (“GCP”). The event found broad interest among the respective practitioners in Brussels and EUEI-PDF gladly offered a platform for initial brainstorming and scoping of interests, expectations and needs.

Please click here for the website information and here for the summary pdf.