Africa GreenCo
Sandra Kundananji Banda-Silomba currently serves as Company Secretary and Corporate and Regulatory Compliance Officer at Africa GreenCo since June 2023. Prior to this role, Sandra was an Associate at AMW & Co. Legal Practitioners from October 2018 to May 2023 and worked as an Advocate and Trainee Advocate at Victoria Dean Advocates from October 2016 to September 2018. Sandra holds a Bachelor's degree in Law from the University of Lusaka, obtained between 2011 and 2014.
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Africa GreenCo
Africa GreenCo aims to increase private sector investment in energy generation in sub-Saharan Africa by mitigating the credit risks associated with the current lack of creditworthy offtakers. Current weak financial position of utilities and limited choice of an alternate buyer in case of utility default deters private capital. An intermediary aggregator between buyers and sellers can help attract sustainable investments in the power sector on the strength of a multi-buyer model. Its role as a financially sustainable intermediary offtaker and power trading company can also stimulate regional electricity trading and facilitate more efficient use of available and new resources by optimising them on a regional basis. Through its activities Africa GreenCo will increase the supply of, and the demand for, finance for energy projects, and mobilize private sector capital more quickly towards critical and transformative capacity additions, reducing pressure on utilities as well as financial liabilities for sovereign governments.