U.S.-Africa Clean Tech Energy Network (CTEN)
The U.S.-Africa Clean Tech Energy Network (CTEN) connects U.S. and African cleantech energy companies to market opportunities where project-ready technology can increase access to reliable electricity.
Guided by the goal to end energy poverty in sub-Saharan Africa, CTEN will introduce U.S. cleantech energy firms to specific deal opportunities in African markets and promote direct investment in African cleantech enterprises. Thus, CTEN will activate and facilitate a two-way ecosystem of cleantech energy companies, business associations, buyers, partners, investors, entrepreneurs, innovation labs, and government stakeholders to unlock innovation and bankable deals.
CTEN aims to facilitate up to $350 million in deals within the first five years. This initial project portfolio will feature technology that advances distributed renewable energy, long-term energy storage, run-of-river hydropower, and smart metering.
Two-way CTEN activities/offerings include:
- Matchmaking, pitch sessions, workshops, roundtable discussions, webinars and other events that support business linkages
- Market intelligence and network management
- Technical assistance and transaction advisory services
- Communications, marketing, and promotional support