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BBOXX receives largest crowdfunded debt raise in history of solar energy in Africa
BBOXX and Trine’s funding initiative has hit the €6 million mark – in what is the largest crowd-funded debt raise in the history of solar energy in Africa. Mansoor Hamayun, CEO and Co-Founder of BBOXX comments: “Hundreds of millions of people in Africa still live without electricity. Collaborating with Trine has allowed us to tap into retail investors who share our vision for transforming people’s lives through sustainable energy provision."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Zola Electric Announces Expansion into Nigeria
The expansion, according to the statement, was focused on improving environmental, health and economic outcomes while driving the transition to clean, renewable energy.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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Mastercard and Angaza shine for payments in emerging markets
San Francisco-based Angaza provides a pay-as-you-go (PAYG) embedded metering and monitoring technology, while Mastercard brings its digital payment solutions and infrastructure including QR technology.
- Categories
- Energy, Finance, Technology
- Region
- South Asia
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Press release: OPIC Provides Initial Financing to SunFunder’s Solar Energy Transformation Fund to Expand Access to Beyond the Grid Solar
The Solar Energy Transformation Fund is one of a group of investment vehicles managed by SunFunder, a solar energy finance business with offices in the U.S., London and Nairobi working to scale up clean energy access in Africa and Asia by financing solar companies active in off-grid and weak-grid communities.
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- Press release
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FirstBank, Azuri partner to bring solar to millions and deepen financial inclusion in Nigeria
More than 60 million of Nigeria’s roughly 200 million people do not have bank accounts and as little as 6% of people have a mobile money account.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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A new source of clean energy? Urine luck!
Robial, a new spinout company from the University of West England, is planning to commercialise a technology that converts urine and wastewater into electricity, powering lighting, mobile phones and other devices. But just how far can you get on pee power?
- Categories
- Energy
- Tags
- renewable energy
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Yellow Door Energy Raises $65M for C&I Solar in the Middle East and Africa
The funding injects capital into commercial-scale solar, which has languished in the region as massive auction-based projects boom.
- Categories
- Energy
- Region
- North Africa & Near East
- Tags
- renewable energy
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Press release: The Renewable Power of the Mine
As renewable power integration in the mining sector gathers pace, a Columbia University study identifies financing and conflicting interests among different stakeholders as the remaining biggest roadblocks to wide-spread uptake.
- Categories
- Energy