COMESA Engages Stakeholders on US$25 Million ASCENT Project Preparation Facility
COMESA has engaged national stakeholders on the upcoming National Agencies Support Window under the ASCENT Project Preparation Facility (PPF), which aims to strengthen the development of renewable energy and clean cooking projects across 17 participating countries.
The engagement, held through a webinar on 21 September 2026, brought together Country Project Implementation Units, the World Bank, Cygnum Capital and COMESA to discuss how the facility can help governments and public agencies turn energy priorities into investment-ready projects.
Through the US$25 million PPF facility, technical support will be provided for activities including feasibility studies, legal due diligence, environmental and social assessments, project structuring and other essential project preparation requirements.
Dr. Chileshe Malama, ASCENT-COMESA Project Coordinator, emphasized the importance of strong project preparation in attracting investment and expanding access to modern energy services.
The initiative is expected to contribute to a stronger pipeline of renewable energy and clean cooking projects across the region.
World Bank Group, Common Market for Eastern and Southern Africa (COMESA),@Cygnum
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