April 28

Altech Raises $18 Million to Expand Access to Clean Energy in The DRC

DRC-based Altech Group has secured $18 million in debt financing and grants to expand its solar energy sales and distribution network across the country – from the Energy Entrepreneurs Growth Fund (EEGF) Triple Jump and Rabobank, respectively.

Founded in 2013, Altech has established a national footprint with 4,500 employees and sales agents, serving more than 140 shops across 22 provinces in the DRC. The company has sold over 350,000 solar energy products, impacting over 1.7 million Congolese.

Source: Techloy (link opens in a new window)

Energy, Technology
distribution, renewable energy, solar