NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

CrossBoundary Access and ANKA have signed agreements to finance, build, and operate a $20 million mini-grid portfolio in Madagascar. This partnership will connect over 62,000 Malagasy people to electricity by 2026. The partnership covers the development, construction and long-term operations of the mini-grids. The initiative marks CrossBoundary Access’ first expansion beyond Nigeria. For ANKA, the partnership is an extension beyond its current portfolio of decentralized energy projects, and a key accelerator to scale its impact, mobilize long-term financing, and strengthen its role as a catalyst for inclusive and sustainable electrification in Madagascar.

Photo courtesy of lau rey.