The renewed trust by these marquee investors is expected to provide more comfort to local lenders who finance MFIs for on-lending.
- South Asia
Africa’s most populous nation produces about 4,000 megawatts of power compared with a average peak generation of about 35,000 megawatts in South Africa, with a population that’s less than a third of the size of Nigeria’s 180 million people. The lack of supply increases production costs for many businesses forced to provide their own electricity, mostly using diesel-run generators.
- Sub-Saharan Africa