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Asigma partner’s project obtains SEFA US$1 million for the preparation of first-ever biomass gasification project in Uganda

The Sustainable Energy Fund for Africa (SEFA) approved on December 13 a US $993,000 grant to the Earth Energy Company Limited, a Ugandan firm, to prepare the first-ever biomass gasification project in the country, expected to add 20 Megawatts of baseload power to the national grid. Asigma Capital Advisory Services is proud to have made a contribution in demonstrating the economic impact of the project to AfDB. Asigma Partner, James Orima, affirmed that “the funding from SEFA is not only a vote of confidence in the Ugandan energy sector, but also evidence of the commitment that the AfDB has to achieve universal access to energy in Africa by 2025.”

AfDB Press Release