On 21 November, CbI Meetings' Africa Investment Exchange: Power & Renewables meeting will host the official launch of the Africa Infrastructure Development Association (AfIDA).

AfIDA is an association of project developers and investors in Africa, that aims to advance the development of bankable projects on the continent.

AfIDA’s objectives include:

• Developing guidelines and industry standards to govern project development.
• Providing pro-forma templates for basic agreements between stakeholders.
• Assisting regulatory authorities in formulating policy.
• Enhancing capacity building in the industry through training, professional development and knowledge sharing.
• Improving transparency through information and knowledge sharing and dialogue between members.

Pioneer members include Africa Finance Corporation, AIIM, BlackRhino, DEG, Eleqtra, FMO, Harith, IFC, InfraCo Africa, Themis, and Trinity International.

The launch of AfIDA will be marked by a panel discussion at AIX: Power & Renewables with participants including:

There will also be an evening reception for Afida at RSA House on 21 November, with AFC CEO Andrew Alli delivering a keynote.

For more information about Afida contact Osaruyi Orobosa.

About AIX: Power & Renewables

Now in its third year, AIX: Power and Renewables addresses the challenges facing investors and the innovative structures emerging from deals along the electricity value chain.

Sponsored by Africa Finance Corporation, Africa Infrastructure Development Association (AfIDA), Denham Capital, BioTherm Energy,  DLA Piper and FMO, the meeting serves a high-level constituency of corporate and official players who are directly involved in project development and finance, and the structuring of policy.

The meeting will examine the state of play for investors in Africa’s power and renewables, and offers non-traditional investment sources, including private equity firms, venture capitalists, family offices, foundations, institutional investors as well as impact investors, the opportunity to meet Africa’s renewable and power sector developers, professional service providers, entrepreneurs and regional firms in a trusted environment.

More about AIX: Power & Renewables