About us

CEI Africa was established by KfW on behalf of the German Federal Ministry for Economic Cooperation and Development in 2021 to improve access to energy for rural households and enterprises in Sub-Saharan Africa. The managing consortium of CEI Africa works with financers, off-grid solar and mini-grid experts, to develop investment solutions that bridge the financing gap in the most challenging access to energy sub-sectors.

Who is behind CEI Africa



Triple Jump is a Dutch impact investment manager with 16 years of track record and local presence in Lima, Mexico City, Nairobi, Tbilisi and Bangkok.

Triple Jump offers meaningful investment opportunities in emerging markets, aiming to help solve some of the biggest challenges of our time. With close to USD $ 1b Assets Under Management, funds managed and advised by Triple Jump provide financing across themes such as financial inclusion, affordable housing, missing middle finance (SMEs), and climate and nature.

Role in CEI Africa

Overall responsibility for management of the foundation, including risk management, impact measurement & reporting, ESG, compliance, finance, and management of the technical assistance facility.

window lead


Persistent is Africa’s Climate Venture Builder, a leader and pioneer investor in the Clean Tech sector (e.g. renewable energy, e-mobility, and energy efficiency) in Sub-Saharan Africa. 

Operating out of Nairobi, Lagos, New York and Zurich, Persistent provides, through its venture building model, early-stage capital and strong operational support to exceptional entrepreneurs. It helps them build innovative businesses that drive climate-positive economic and social development in Africa.

Role in CEI Africa

Crowdlending window lead. Including being the first point of contact with Crowdlenders, managing the co-investment process with them (pipeline, screening, due diligence) and portfolio monitoring. 

Smart Outcomes Fund
(SOF) window lead


GreenMax Capital Advisors, is the US founding affiliate of the GreenMax Capital Group, a group of international clean energy investment advisory and management-consulting firms established in 1994. GreenMax has a lengthy and successful track record facilitating efficient implementation of international development funds targeted for renewable energy investment in emerging markets worldwide. GreenMax supports project developers, investors, financial institutions, donors and governments in the analysis, preparation and implementation of a broad range of clean energy investments, policies and regulations.

Role in CEI Africa

SOF window lead. Including being the first point of contact for mini-grid developers, application processes, assessing applications, and IT platform.


Stichting Clean Energy and Energy Inclusion for Africa is registered with the Chamber of Commerce in Amsterdam under number 84545526. Its work is guided by a set of policies.

CEI Africa’s activities are governed by a Supervisory Council and an Executive Board. The Board is responsible for the day-to-day management of the foundation.

Executive board

Steven Evers

Steven Evers

Managing Director & CEO

Triple Jump

Steven Evers is CEO and co-founder of Triple Jump, where he is responsible for overall strategy, overseeing business development and portfolio management. Prior to joining Triple Jump, Steven held positions in banking and consulting at FMO, KBC and at the ING Bank.
Claudia Vroom

Claudia Vroom


Triple Jump

Prior to joining Triple Jump, Claudia worked more than 12 years at Kempen Capital Management, a Dutch asset manager. She has held positions as Project Manager, mainly structuring investment funds, Manager Operations and Account Manager Institutional Relations. Previously, Claudia worked as a Private Banker at Van Lanschot Bankiers.

Supervisory Council

Babette Stein von Kamienski

Babette Stein von Kamienski

Head of Division and Infrastructure, Southern Africa


Babette has been with KfW since 1993 and currently serves as the Head of Division, Infrastructure, Southern Africa, overseeing a portfolio of approximately EUR 1.5 billion. Her work primarily focuses on renewable energy, energy efficiency, access to energy, and transport. Babette also holds the position of Chairperson of the Supervisory Council of the CEI Africa Foundation. With over 30 years of experience in financial services and economic development, she has a diverse background, including her early career at UNIDO and her training as a social anthropologist.
Andrea Hagmann

Andrea Hagmann

Independent Director

Andrea Hagmann is an independent Director with a broad expertise in financial services, emerging markets and governance. She was involved in setting up the Development Bank of Austria (OeEB) in 2007 and served as a Member of the Executive Board of OeEB for 10 years. Today, she is engaged as a Director on Boards and Member of Committees of Microfinance Funds and as a Member of the Supervisory Board of a Microfinance Bank.

Christian Speckhardt

Impact Investment Expert

Christian Speckhardt is an impact investment expert. He started his career 1995 with corporate and investment banking, credit risk management and treasury roles in the international banking and financial services industry. In 2006, he entered the impact investment sector as CIO and Deputy CEO of responsAbility Investments AG. Since 2018, he is acting as independent board member, strategic advisor and entrepreneur contributing to the further development of the impact investment industry and of innovative SDG relevant businesses.

Triple Jump team

Sascha Huijsman

Project Manager

Triple Jump

Sascha works in the Direct Investments department, responsible for project management of the CEI Africa program. Prior to working on CEI Africa, Sascha was a consultant at Orchard Finance/ Carnegie consult, working on assignments related to corporate- and development finance. Other former roles include: associate of Triple Jump’s Fund Investments team and relationship manager in the impact investing team of Actiam (Dutch Asset Manager). She holds a Msc. Finance from the University of Groningen and is a CFA charterholder.

Katja Tauchnitz

Project Manager

Triple Jump

Katja has been working for more than ten years in renewable energy with a focus on financing off-grid projects in Africa. Before joining Triple Jump in early 2023, she set up a World Bank funded result based finance facility for off-grid solar products in Madagascar.

Lara Sturion

Corporate Secretary

Triple Jump

Prior to joining Triple Jump, Lara practiced Law in Corporate Ethics, international contracts, and International Trade matters. Her work focused on legal advisory services to public entities in Latin America and SMEs class associations. Lara also worked at the Registry of the International Criminal Court and provided pro bono legal services to the Office of the Public Defender in Sao Paulo, Brazil.

Sirinchaya Kiatworapricha

CDD Coordinator

Triple Jump

Prior to joining Triple Jump, Sirinchaya worked as a legal advisor at DFDL, an ASEAN based law firm. Her practice focused on corporate structuring for international investment, merger and acquisitions, as well as providing advice to ensure regulatory compliance.

Michelle Munteanu

ESG & Impact Manager

Triple Jump

Michelle Munteanu is responsible for operationally leading ESG and impact efforts for Triple Jump’s sustainable energy portfolio. Prior to joining Triple Jump, Michelle worked at FMO, the Dutch Development Bank, implementing an impact measurement framework across all sectors and managing E&S risks for private equity investments.

Baroness Bor

Support Officer Market Development

Triple Jump

Prior to joining Triple Jump, Baroness worked as an independent Agri-business Consultant in Kenya.

Roan Borst

Technical Assistance Manager

Triple Jump

5+ experience in development finance and advisory and co-author. Supporting companies and financial institutions through her role as a Technical Assistance manager to enhance their own operations or impact, through tailored trajectories or in-house designed programs. Originally from the Netherlands, Roan holds a MSc in Innovation Management and Entrepreneurship from ESADE Business school and a BS in international business from the Hague University.

Persistent team

Tobias Ruckstuhl

Managing Partner, Steering Committee and Investment Committee Member

Persistent Energy Capital

Tobias brings extensive experience in investing and building companies in frontier markets, with over 10 years background of living and working in Sub-Saharan Africa, having spent large parts of his early youth in rural Africa and later worked in finance and logistics, and as an entrepreneur in Central Africa. He continued his career in Europe in management consulting at Accenture in Switzerland, a global consulting company, specializing in digital and technology consulting, and subsequently joined Persistent in early 2018. At Persistent Tobias built up significant experience working in the energy access space across Sub Saharan Africa, working with crowd lenders to leverage financing for energy access companies and advising a wide array of actors in the space on assessing investment risk and structuring investments.

Thomas Gallas

Principal, Co-lead Crowdlending Window and observer RBF Committee

Persistent Energy

Thomas brings extensive experience in Private Equity, Venture Capital and renewable energy finance. He previously worked at the Dutch DFI FMO, where he was responsible for portfolio management and transaction execution of off-grid energy companies and Private Equity funds in the renewable energy sector. Prior to that he worked at Impact Venture Capital firm PYMWYMIC, where he focused on early-stage equity investments, including in a leading European crowdlending platform.

Faith Wilson

Associate, Investment Associate Crowdlending Window


Faith brings broad experience in investment advisory, financial analysis, and renewable energy finance. She previously worked at the AECF (Africa Enterprise Challenge Fund), where she was involved in providing Investment Readiness and Facilitation services to companies in the renewable energy sector. Prior to that she worked at KPMG East Africa, an Audit Firm, where she focused on Financial and Accounting Advisory.

Nnenna Chukwurah

Venture Builder


Nnenna is a Venture Builder at Persistent based in Nigeria. She helps implement the mandate of the CEI Africa Foundation through co-investing with crowdfunding platforms in off-grid energy. Prior to joining Persistent, she worked at the Nigerian Sovereign Wealth Fund as a special adviser to the MD/CEO on technology and innovation, focused on executing digital infrastructure, healthcare, gas and heavy industries projects. Prior to the SWF, She worked at Sahel Capital facilitating the deployment of over USD10 million in various food and agribusiness-focused MSMEs across West Africa. She holds an MSc. in Energy Finance (Distinction) from the Centre for Petroleum and Mineral Law & Policy (CEPMLP) at the University of Dundee.

Yewande Oyewole

Senior Investment Analyst, Crowdlending Window


Yewande brings broad experience in transactions advisory, venture capital, and renewable energy finance. She previously worked with All On Partnerships for Energy Access (All On), where she was responsible for deal sourcing, due diligence, and portfolio management. Previously, she worked at Fritova International Limited, where she worked on both public and private sector transactions.

GreenMax team

Clifford J. Aron

President and Founding Principal


Clifford J. Aron is an energy finance professional with more than 40 years of experience who offers a diverse career as a business entrepreneur and clean energy sector specialist encompassing all aspects of management, marketing, project finance, policy and regulatory affairs. He is recognized as a leading expert on the development of renewable energy, energy efficiency and energy access in emerging markets. At GreenMax, he supervises all of the firm’s consulting, transaction advisory and fund management activities. Cliff is also a leading advisor to global investors on sustainable energy investments, having advised dozens of private investors on solar, geothermal, hydro, biomass and wind power investments in emerging markets across Europe, Africa, Latin America and Asia totaling several thousand MW of generating capacity. In the African off-grid sector, he is leading the development of two seminal energy access initiatives – the Green-for-Access First Loss Facility (G4A) and the GreenStreet Africa Development Company. He is also supervising the GreenMax team implementing the KfW Clean Energy and Energy Inclusion for Africa (CEI Africa) Foundation. An honors graduate in Political Science and International Relations from the State University of New York at Binghamton, Cliff continued his graduate studies at the New School for Social Research, Baruch College and the Parsons School of Design. He speaks Polish and reads French, Spanish and German.

Shelmith Theuri

Assistant Director, Off-Grid Fund Management


Shelmith Theuri is a banking, finance and impact investment professional with over a decade of experience in East and Southern Africa. At GreenMax, she is leading the implementation of the KfW Clean Energy and Energy Inclusion for Africa (CEI Africa) Foundation. Shelmith has extensive experience financing energy access and clean energy businesses and projects in Sub-Saharan Africa, including origination, analysis of the financial and commercial viability of the enterprises, structuring and negotiation, fundraising, and portfolio management. She has a strong track record of providing technical support to off-grid energy access companies. Prior to joining GreenMax, Shelmith worked for the Power Africa Off-Grid Project, first as a market development advisor, and subsequently as lead advisor in Kenya. Previously, she worked in the Kenyan banking sector in credit risk and management positions at Barclays Kenya, Ecobank and Credit Bank Kenya Limited. She currently serves as an Investment Committee Member of the Renewable Energy Performance Platform, where she supports decisions in financing renewable energy projects of up to 25MW across Sub-Saharan Africa. Shelmith holds an M.B.A. from IE Business School in Madrid, Spain and a Bachelor of Commerce in Financefrom the University of Nairobi. She is fluent in English and Kiswahili.

Daniel Kitwa

Assistant Director, Energy Access Finance


Daniel Kitwa is an impact-focused investment professional with nearly a decade of experience in sustainable energy, finance, and international development, specializing in project finance, multi-asset class investments (debt/equity/RBF grants), deal-risk assessment and structuring, financial modeling, business model advisory, technical assistance, project design and implementation. At GreenMax, Daniel is leading the implementation of the RBF component of the KfW Clean Energy and Energy Inclusion for Africa (CEI Africa) Foundation. Prior to joining GreenMax, Daniel worked for Intellecap, where he provided technical advisory support across various sectors in East Africa, including solar and e-mobility. As a financial management specialist, he has offered capacity building and technical assistance to more than 20 solar companies on behalf of the Africa Enterprise Challenge Fund (AECF). He also previously served as an advisor to the Africa Mini Grid Developers Association (AMDA), where he supported the initial design of the Universal Electrification Facility, a results-based financing facility for the mini-grid sector managed by Sustainable Energy for All (SEforALL). Daniel holds a B.Sc. in Applied Accounting and Finance from Oxford Brookes University in England and a B.Sc. in Electronic and Computer Engineering from Jomo Kenyatta University in Kenya. He is a member of the Association of Chartered Certified Accountants and has completed the CFA Level 1 qualification. In 2022, Daniel was recognized by the annual publication, Global Power & Energy Elites, for his impact and leadership in the energy sector. He is fluent in English and Swahili.

Ifechukwude Uwajeh

Director, Africa Transaction Advisory


Ifechukwude Uwajeh has more than a decade of experience leading both on-grid and off-grid renewable energy project development and power sector planning in Africa. As the Director of GreenMax’s Africa Transaction Advisory Group, he supervises the GreenMax Africa team and provides financial and transaction advisory services in support of clean energy project development across the region, including solar PV, solar hybrid, wind, and small hydropower technologies. Ifechukwude’s skills include renewable energy project finance, project management, contract structuring and negotiation, energy sector economics, policy and regulation, and infrastructure finance. He is also leading GreenMax’s launch of the GreenStreet Africa Development Company in Nigeria. Ifechukwude holds a M.Sc. in Process Systems Engineering from Cranfield University, Bedfordshire, U.K., a Certificate in Climate and Renewable Energy Finance from the Frankfurt School of Finance and Management, a Certificate of Excellence in Power Sector Regulation from the Florence School of Regulation, Robert Schuman School of Advanced Studies, and a Certificate in Business and Financial Modeling from the University of Pennsylvania, Wharton School.

Robert Wangoe

Manager, Technical Assistance, Off-Grid Fund Management


Robert Wangoe has a decade of experience in the development sector, including five years in Tanzania engaged in the development and operation of green mini-grids. At GreenMax, he manages the technical assistance component of the KfW Clean Energy and Energy Inclusion for Africa (CEI Africa) Foundation. Previously, Robert was involved in strategic consulting and business development across multiple renewable energy organizations in Kenya and Tanzania. He has consulted for a World Bank-funded renewable energy project focusing on hybrid power projects and off-grid lighting in East Africa. He has also supported off-grid renewable energy project development in East, Central, and Southern Africa through strategy development, product development, business management and sales. Additionally, Robert has provided capacity building to renewable energy start-ups developing and operating hybrid power systems in the areas of productive use of energy, marketing, strategic advisory, business plan development, market entry strategy formulation and supervision. In addition to JUMEME Rural Power Supply, he has also advised RiverCross Tracking Limited, Yok Consulting and Samahi Research, among other clients. Robert holds a M.Sc. in Economics from the University Umea in Sweden. He is fluent in English and Kiswahili.

Kokou Lagassou

Sr. Advisor, Productive Use of Energy, Off-Grid fund Management


Kokou Lagassou has 10 years of professional experience in international cooperation, rural electrification, and renewable energy. At GreenMax, he is supporting the design and implementation of the Smart Outcomes component of the CEI Africa Foundation RBF window as a Senior Advisor on productive use of energy (PUE). Prior to joining GreenMax, Kokou served as Rural Electrification Advisor at GiZ in Benin and Togo, where he focused on the development of grid extension, off-grid solar and PUE strategies. At GiZ, he helped design and establish a new RBF grants program for PUE. Kokou holds a master’s degree in Electrical Engineering, Energy and Renewable Energies from the Institut International d’Ingénierie de l’Eau et de l’Environnement (2iE) in Burkina Faso. He is fluent in English and French.

Jossart Zozo Murhula

Investment Associate


Jossart Zozo Murhula is a risk and investment professional with more than 4 years of experience in the finance sector. At GreenMax, he is supporting the implementation of the RBF window of the KfW Clean Energy and Energy Inclusion for Africa (CEI Africa) Foundation, which provides financing and technical assistance to green mini-grid developers, off-grid solar companies and standalone productive use of energy enterprises in Africa. Jossart previously worked for three years at the African Guarantee Fund, holding various positions on the Risk Management team. Earlier, he worked as a Project Finance Assistant for ASOP Congo and as a Brand Ambassador for the Association of Chartered Certified Accountants (ACCA). Jossart is completing a M.Sc. in Development Finance from Strathmore University Business School in Nairobi, Kenya and earned a B.B.A. in Accounting and Finance from the University of Eastern Africa, Baraton, Kenya. He is fluent in English and French, and proficient in Swahili.

Cynthia Opakas

Legal Counsel


Cynthia Opakas is an Advocate of the High Court of Kenya with five years of legal experience in dispute resolution, energy, and natural resource law. At GreenMax, among other legal support, she is leading preparation of grant and concessional loan agreements for the implementation of the RBF window of the KfW Clean Energy and Energy Inclusion for Africa (CEI Africa) Foundation, which provides financing and technical assistance to green mini-grid developers, off-grid solar companies and standalone productive use of energy enterprises in Africa. Cynthia previously worked as an Associate in Energy and Natural Resources for the Kenyan law firm, TripleOKLaw Advocates LLP. She is a trained expert in the areas of energy and mineral law, a Fellow of the Chartered Institute of Arbitrators, and a mediator with the Kenyan judiciary. Cynthia has an LL.M. in International Energy Law and Policy from the University of Dundee in the U.K., a Post Graduate Diploma in Law from the Kenya School of Law and a LL.B. from Moi University in Kenya. Cynthia has also completed professional training in energy access from the Open Africa Power Programme of the University of Cape Town Graduate School of Business, in power sector regulation from the Florence School of Regulation, and holds a Certificate in Climate Change Studies from the Oxford Climate Society. She is fluent in English and Swahili.

Legal and Compliance

CEI Africa’s work is guided by a set of policies and requires organizational information disclosure.