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Press Release: CEI Africa Receives EUR 24 Million from KfW to Boost Clean Energy Access
This grant will be distributed across the various investment and grant windows of CEI Africa, offering financing for green mini-grid developers and companies in the off-grid solar sector.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Announcing NextBillion’s Most Influential Articles of 2024: Vote for Your Favorites by Jan. 5
As we bid farewell to an eventful year, it's time for NextBillion’s annual tradition: our “Most Influential Articles of the Year” contest. Each December since 2012, we've selected 12 of our most-read articles from the past year, inviting readers to vote for the ones that influenced their thinking the most. Check out the articles in this year's contest (if you haven't already), and vote for your favorites: You can vote up to once per hour between Dec. 18 and 11:59 pm EST on Jan. 5.
- Categories
- Agriculture, Energy, Environment, Health Care, Impact Assessment, Investing, Social Enterprise, Technology
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LightSpeed Invests $40 Million in Indian Solar Startup
SolarSquare serves over 20,000 households and more than 200 cooperative housing societies across India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Making Mini-Grids Work for Everyone: A Tariff Harmonization Pilot in Sierra Leone Reveals the Benefits and Challenges of Lowering Prices
Solar mini-grids offer a promising solution to energy poverty in Africa. But according to Tombo Banda and Lisa Kahuthu at CrossBoundary and Miriam Atuya, this approach has yet to gain sufficient traction, due in part to the challenge of balancing operational sustainability with affordability. If customer tariffs are set too low, operators lack revenue — but if prices are set too high, mini-grid electricity isn’t accessible enough to drive widespread adoption. They share the results of a pilot program in Sierra Leone that tested the impact of lower prices on mini-grid operators and their customers, highlighting the implications for future efforts to implement tariff reduction at scale.
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ExxonMobil’s 2030 Agenda: Fueling Decarbonization With $30 Billion While Ramping up Oil & Gas and LNG Output
These projects are anticipated to further expand the U.S. giant’s global LNG footprint and market access.
- Categories
- Energy
- Region
- Global
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BPR Bank, Denmark Launch $5.6 Million Credit Guarantee to Support MSMEs
This innovative scheme, the first of its kind by IFU in Africa, targets critical sectors.
- Categories
- Agriculture, Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector
This agreement will drive the company’s mission to accelerate the adoption of solar energy in the region, starting with a focus on Nigeria.
- Region
- Sub-Saharan Africa
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Ventures Platform Climatetech White Paper Calls for Climate-Resilient Business Models in the African Tech Sector
Proposes a Simplified Framework to Guide the African VC and Startup Ecosystem in Addressing Climate Challenges.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa