Nairobi/Mombasa, Kenya 10-13 January 2020
This week EmNEW joined a business delegation from Norway in a trade mission visit to Kenya hosted by Innovation Norway and NABA. The trade mission aimed to create synergies and partnerships between Norway and Kenya. Among areas of interest were renewable energy opportunities in Kenya and Eastern-Africa region as well as ICT and agricultural technology. Kenya is targeting 100 % renewable energy generation by 2030 and has abundant renewable energy resources. This combination creates immense opportunities for the energy sector. A challenge to implement renewable energy projects is access to affordable financing for small/medium-scale projects. Ørjan Alexander Pedersen, Co-Founder and COO of EmNEW participated in a panel discussion focusing on how to finance projects in Kenya and the East Africa region, the various risk factors to consider and how to mitigate them.