Category Archives: General Posts

African Infrastructure Fund Adds to Positive Expectations on Growth

GCP is pleased to see continued significant interest in foreign investment from firms this August in developing African infrastructure through substantial investment commitments.

A.P. Moller Holding (www.APMoller.com) has together with PKA, PensionDanmark and Lægernes Pension launched a new infrastructure fund with a focus on Africa. The fund has received commitments of USD 550 million from anchor investors.

African economic development projects have both investor and societal impact

The investment ethos of the team mirrors that of GCP and other African-focused investment companies. Peter Damgaard Jensen, CEO at PKA: “PKA has for many years invested in infrastructure both in Denmark and abroad. We have positive experiences investing in Africa and we have for a long time wanted to invest more on the continent. With this new fund we will be making infrastructure investments in Africa and get the opportunity to provide a good return to the pension savers and at the same time make a positive difference in line with the UN Sustainable Development Goals”.

TThe fund will focus on infrastructure investments in Africa, with the ultimate goal of helping to support sustainable economic growth in the region. The companies’ aptitude in managing foreign emerging market investments will help ensure delivery of strong returns to its investors.

Original Publication Source Africa Newsroom: https://www.africa-newsroom.com/press/new-africa-infrastructure-fund

GCP Solar appointed as official solar light supplier to Asa Baako Music Festival, Western Region, Ghana – 4 to 6 March 2015

 

 

In UN’s Year of Light, GCP Solar has been appointed the official solar light supplier to the Asa Baako Music Festival in Ghana, 4 March 2015.

In a sign of their commitment to helping reduce energy poverty and provide sustainable light, GCP Solar has partnered with the organisers of Asa Baako Music festival to distribute solar lights and solar mobile phone chargers at the festival over the independence day weekend in Ghana.

Asa Baako was launched in March 2011, in the spectacular fishing village of Busua in Ghana’s Western Region. It was here, where festival organisers from the UK and Ghana, joined together with local residents, to create a 2-day celebration of local arts and culture. Since then, Asa Baako has grown from one stage and a few hundred people, to a programme featuring the now legendary Jungle party, beach parties and a weekend of activities from surfing, art exhibitions, treks, tours, yoga, cinema for an audience of over 2,000 people.

Mr. Kofi Debrah of the Asa Baako organising committee said. “We are delighted to appoint GCP Solar as our sole solar light distributor. It is great that we can provide access to light for the 100 or so of the festival attendees that will be sleeping in tents. Also, there are many more coming from remote villages that also do not have lights.”

Mr. Sidney Yankson, founder of GCP Solar said, “ GCP Solar is happy to support this great festival of music and arts. Our solar light supplier, Nokero, has a distinguished track record in supporting the arts as they supported the Power The World concert a few years back during which Linkin Park performed. GCP Solar is looking forward to developing a long term relationship with the festival.”

About GCP Solar

GCP Solar is a leading solar company in Africa. GCP Solar is a distributor of hand-held solar lanterns and roof top solar systems. Our aim is to provide safe, sustainable and environmentally friendly light solutions to the 400 million people living in Africa without light. In Ghana up to 5 million people (approximately 30% of the population) do not have access to the main power grid.

GCP Solar is a distributor of the Nokero® suite solar products, such as hand held solar lights and mobile phone chargers.

About UN’s Year of Light

On 20 December 2013, the UN General Assembly 68th Session proclaimed 2015 as the International Year of Light and Light-based Technologies (IYL 2015). In proclaiming an International Year focusing on the topic of light science and its applications, the UN has recognised the importance of raising global awareness about how light-based technologies promote sustainable development and provide solutions to global challenges in energy, education, agriculture and health. Light plays a vital role in our daily lives and is an imperative cross-cutting discipline of science in the 21st century.

(Learn more at www.light2015.org)

About Asa Baako

Asa Baako is a music and arts festival in Western Ghana.

(Learn more at www.asabaako.com)

Didier Drogba holding - N200

 

Linkin Park - Power the World