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Press Release: D.light and Chapel Hill Denham Close $7.4 Million in Securitized Financing to Fund Off-Grid Solar Expansion in Nigeria
A new financing facility provided by the Nigeria Infrastructure Debt Fund (NIDF) will open up access to affordable clean energy in Nigeria.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Arnergy, Which Provides Solar Power Systems to Homes and Businesses in Nigeria, Raises $3 Million
Arnergy was launched as a provider of sustainable energy services intended to deliver clean and reliable energy for businesses or homes.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Reimagining Enterprise Support and Advisory Services for Energy SMEs: Five Principles for Boosting their Impact in the Global South
Over 675 million people still lack access to electricity (as of 2021) — over 80% of whom live in sub-Saharan Africa. As Godfrey Simiyu Katiambo at Mercy Corps Energy4Impact explains, bridging this energy gap in an equitable, sustainable manner will require not only a massive increase in funding, but also targeted support for the small-and-medium enterprises (SMEs) that are advancing clean energy access in underserved communities. He explores the growing need for enterprise support and technical and business advisory services that cater to these SMEs' unique challenges, and proposes five ways to boost the impact of these services.
- Categories
- Energy, Environment
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Klick Foundation Pledges $850 Million to Cut Carbon Emissions in Ghana
The initiatives also promise substantial health benefits, particularly for women and children, and further advance Ghana's innovation ecosystem.
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: Report: World Bank Urges Action for Gender Equality in Artisanal and Small-Scale Mining
The report advocates for gender-responsive legislation to safeguard women’s rights in mining and build a more sustainable sector.
- Categories
- Energy, Health Care, WASH
- Region
- Global
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Press Release: IFC and SIMA Launch $150 Million Solar Green Bond for African Solar Developers alongside Finland and GEAPP
IFC, a member of the World Bank Group, in partnership with Social Investment Managers and Advisors LLC and other financiers have reached the first close of a $150 million solar green bond, which will finance productive-use solar projects throughout Africa.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Uganda-Based Electric Cooking Startup PowerUP Announces Successful Initial Close of its Seed Round
PowerUP is at the forefront of transforming cooking habits in Africa, introducing households to a new era of clean and efficient electric cooking.
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: Bboxx Commits to Africa’s Future as It Moves Global HQ to Rwanda
Bboxx is planning to train nearly 1000 more Rwandans in the next 5 years and invest USD$100 million in the country.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa