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Financial structures for renewable projects in Africa

In this exclusive interview, with Justin Schmidt, Head: Renewable Energy at Absa Bank, he gives insight into the evolution of financial structures for small-scale power projects in Africa.

Schmidt explains that the historical mindset of a commercial bank toward small-scale project financing has changed from a short-term strategy to adopt a realistic long-term plan.

This shift takes into account that these assets are cash generating, unlike the purchase of a motor vehicle or taking out a home loan.

Watch the full interview as Schmidt highlights some of the key challenges the bank faces through this shift.