COMESA · World Bank · Cygnum Capital

ASCENT Project Preparation Facility

The Project Preparation Facility (PPF), implemented by the Common Market for Eastern and Southern Africa (COMESA) with USD 25 million in funding from World Bank ASCENT Program, is tasked with providing support to governments and the private sector in developing bankable, investment-ready projects through a demand-driven approach.

COMESA has assigned Cygnum Capital as PPF Manager to oversee operations of the PPF. The PPF provides grants and specialized technical assistance services to DRE and clean cooking companies, investors, and government agencies in 16 ASCENT countries, taking into account environmental, gender and social inclusion aspects.