Joshua Mosshart Power Africa Initiatives

Joshua Mosshart Power Africa Leveraging Partnerships

Over 600 million people of the population of sub-Sahara Africa are without electricity.

Two out of three people in sub-Sahara Africa lack access to electricity. This leads affects their ability to obtain quality health care, education and economic opportunities.

President launched Power Africa initiative to combine the expertise of 12 U.S. Governmental agencies to spearhead innovative wind, solar, hydro, natural gas, biomass and geothermal resources to provide energy security, promote economic growth and reduce poverty.

Power Africa is working with African governments and over 100 private sector partners and other organizations to add more than 30,000 megawatts (MW) of cleaner, more efficient electricity generation in all of sub-Saharan Africa.

Power Africa is also focused on increasing electricity access by adding 60 million new home and business connections.

In sub- Saharan African countries, Power Africa also aims to:
 Advance energy sector reforms;
 Identify and address barriers to investment;
 Work with partner countries and institutions to improve efficiency and capacity of power ministries and utilities;
 Increase regional, cross-border energy trading;
 Enhance energy resource management capabilities, and;
 Work with partner countries and regions to achieve sustainable, long-term energy security.
Beyond the Grid
Power Africa is also expanding mini-grid and off-grid solutions to increase access to underserved areas through
“Beyond the Grid.”
This sub-initiative utilizes Power Africa’s innovative transaction-focused model to galvanize partners to collaborate on off-grid and small-scale renewable energy solutions.
Through Beyond the Grid, Power Africa is working with over 40 investors and partners that have committed to invest over $1 billion into off-grid and small-scale solutions in order to benefit underserved communities.
The funding needed to electrify the continent far surpasses the capacity of African governments and foreign donors. By leveraging U.S. strengths in energy technology, private sector engagement, and policy and regulatory reform, Power Africa is galvanizing partnerships, making quick-impact interventions, and driving systemic reforms to facilitate future private investment.
Power Africa is part of President Obama’s new model for development, which builds local capacity and supports innovative, effective and sustainable development assistance.
The U.S. Government is committed to providing more than $7 billion in financial support, loan guarantees, grants and technical assistance.
To date, Power Africa has leveraged more than $20 billion from private sector partners for new on and off-grid projects in sub-Saharan Africa, meaning that every dollar the U.S.
Since the launch of Power Africa, the African Development Bank, the World Bank Group and the Swedish Government have collectively committed an additional $9 billion in support of Power Africa.
Cleantech grants is facilitating JV relationships through Power Africa and grant requests for innovative technologies that support this mission.

About the Author

Joshua Mosshart
Joshua D. Mosshart MSFS, CHFC, CLU, CASL, Founder Mr. Mosshart is Co-Chairman Commercial Capital Plus and Malia Ventures Inc. Joshua has collaborated with the United Nations, Hollywood Celebrities and Captains of industry structuring off market transactions. The decade prior he was working in the debt and equity markets managing capital for high net worth individuals. He received his Masters of Science in Financial Services degree, MSFS from the Institute of Business and Finance. Mr. Mosshart worked on Wall Street and had extensive training at the Union Bank of Switzerland. His certifications include the following: Certified Estate Advisor, National Association of Financial and Estate Planning (N.A.F.E.P.). Certified Financial Planner (CFP®) Certification Curriculum, American College. ​ Chartered Financial Consultant (CHFC®) designation the “The Industry’s Most Complete Financial Planning Program” . Chartered Advisor in Senior Living (CASL®) retirement coaching designation as a leading credential in the senior/retirement area. Chartered Life Underwriter (CLU®) designation which is the highest level designation available in the life insurance profession. Additionally he was awarded his series 7, 24, 63, & 66 securities licenses (no longer active). ​ Joshua writes BLOGS about procuring grants in Washington. ​ Joshua, a former Merchant Marine, co-founded a non-profit organization raising significant capital for endangered species in his youth. ​ Earth-Friends non-profit organization became the first non-profit organization to operate on the Mall in Washington D.C. He also served as a delegate for the United Nations RIO-20. Joshua represents a portfolio of 41 clean-tech companies facilitating the procurement of Unsolicited grant funding requests for clean-technology companies for FY 2014 with various Federal Agencies.