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All On and Katapult Invest $1.4 Million in NXT Grid’s Mini-Grids in Nigeria
Impact investors All On and Katapult Climate are investing $1.4 million in NXT Grid. In Nigeria, the company installs and operates small-scale solar power plants for productive use, powered by artificial intelligence.
- Region
- Sub-Saharan Africa
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Danish Investment Fund Invests $34 Million in CleanMax
The Danish Investment Fund for Developing Countries (IFU) is investing $34 million in CleanMax, a renewable energy company in the commercial and industrial segment in Asia.
- Categories
- Energy
- Region
- Asia Pacific
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Vote for NextBillion’s Most Influential Article of 2021
As an open forum for emerging markets business, NextBillion publishes around 150 original, guest-written articles per year, covering enterprises, innovations, challenges and opportunities across multiple sectors and geographies. Each December we select the 12 most-read articles of the past year to include in our "Most Influential Article of the Year" contest. We invite you to vote for the article that impacted you the most in 2021. You can vote up to one time per hour during the two-week voting period, which runs from Dec. 20 to Jan. 2.
- Categories
- Agriculture, Coronavirus, Energy, Finance, Impact Assessment, Investing, Technology
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African Climate Startups Invited to Apply for Adaptation SME Accelerator Project
Run by Village Capital and The Lightsmith Group, ASAP will accelerate 16 SMEs and startups that are scaling climate adaptation and resilience solutions in Africa and Asia.
- Categories
- Energy, Environment
- Region
- Global
- Tags
- accelerators, climate change, scale, startups
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BMZ, KfW Creating Clean Energy and Energy Inclusion for Africa (CEI Africa) with Goals Including to Enable Diaspora Investments via Crowdfunding
Two German institutions, Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ) and KfW, which was formerly known as Kreditanstalt für Wiederaufbau, are launching a foundation called Clean Energy and Energy Inclusion for Africa (CEI Africa).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Report: $1.2 Trillion Needed To Disrupt African Agriculture Through Off-Grid, Renewable Solutions
Zooming in on Africa’s most important sector, which accounts for 75% of rural economic activity, the agriculture value chain represents the most significant opportunity for PUE capital investment.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Universal Energy Access is Within Reach — If the Sector Survives COVID-19: Here’s How Funders Can Help
Before COVID-19 struck, the energy access sector was booming, delivering renewable power to 470 million people, creating 370,000 jobs and avoiding 74 million metric tons of greenhouse gas emissions over the past decade. But as Sarah Bieber at Acumen and Henry Gonzalez at Green Climate Fund point out, the pandemic has put that progress at risk, as dwindling investment, decreased customer income and dramatic price increases have created a crisis for energy access companies. They explore how funders can help get the sector back on track.
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Asian Development Bank Approves $600 Million Loan To Help PLN Improve Electricity Services in Java Island
The Sustainable and Reliable Energy Access Program will rehabilitate, strengthen, and expand PLN’s power grid and promote clean energy use.
- Categories
- Energy
- Region
- South Asia