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Press Release: The Build Fund Makes Inaugural Investment in East African off-Grid Solar Energy Solutions Distributor
The BUILD Fund (BUILD), an impact fund created in partnership between Bamboo Capital Partners (Bamboo) and the United Nations Capital Development Fund (UNCDF), has made its inaugural investment, providing a USD500,000 working capital facility for Mwezi, a Kenyan distributor of solar products.
- Region
- Sub-Saharan Africa
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Press Release: IFC and the Rockefeller Foundation Partner to Advance Distributed Renewable Energy Solutions in Emerging Markets
The partnership will prioritize countries in Sub-Saharan Africa and select other regions, where both organizations have identified immediate opportunities.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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West Africa: $465 Million Approved for Regional Electricity Access
The World Bank Group has approved a regional electricity access project in West Africa for a total amount of $465 million.
- Region
- Sub-Saharan Africa
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COVID-19 Crisis Makes Electricity Too Costly for Millions in Africa and Asia
The pandemic's economic impact left at least 25 million people unable to pay for power in 2020, mainly in Africa, threatening progress towards access for all.
- Categories
- Coronavirus, Energy
- Region
- Global
- Tags
- energy access, SDGs
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Kenya’s Off-Grid Solar Provider d.light Secures $10 Million From Proparco
d.light, a Kenyan based off-grid solar provider has secured US$10 million in equity financing from Proparco.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- off-grid energy
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Press Release: Renewvia Energy Receives $1 Million Commitment from SIMA Fund to Electrify Communities in Rural Kenya
Social Investment Managers and Advisors LLC (SIMA), a new generation of impact investment manager, and Renewvia Energy Corporation, a global solar developer, today announced a partnership to electrify rural communities in Kenya underserved by conventional utilities.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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IFC Providing $57 Million for Two Wind Projects in Vietnam
The International Finance Corporation (IFC) announced today it will provide USD 57 million (EUR 46.6m) in financing to the developer of two onshore wind projects in Vietnam.
- Categories
- Energy
- Region
- South Asia
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Shell to Offload Onshore Nigerian Oil Assets in a Move to Cleaner Energy
Petroleum giant, Shell, will offload the last of its Nigerian assets in an effort to move towards cleaner energy.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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