Q&A: How to de-risk African renewables

From the newsletter

The renewables sector in Africa is booming, but international funding carries notable execution and financial risks. To show how these barriers can be tackled on-site, Renewables Rising interviewed Harrison Daka, Founder & Director of Daka and Associates Construction Brokerage, a Zambian firm specialising in construction intelligence and project strategy.

• His firm works as a strategic aggregator, bringing together Zambian contractors to form compliant, financially credible consortia capable of bidding for large-scale renewable projects. 

• Mr Daka says many renewable energy projects collapse because developers underestimate foreign exchange risk. His firm works with banks to allow developers to lock in exchange rates or create buffers against volatility.

Q: For readers unfamiliar with your work, what does Daka & Associates do?