Thursday
June 25
2026

D.light Takes PAYGo Solar From Impact Funds to the London Stock Exchange

For most of its history, financing off-grid solar energy in Africa has been a private affair — stitched together through development finance institutions, impact investors, and patient capital willing to accept the slow rhythms of base-of-pyramid lending. That model has delivered real results, but it has also had a ceiling. Getting mainstream institutional money into the asset class has remained elusive.

Photo courtesy of Carl Attard.

Source: Launch Base Africa (link opens in a new window)

Categories
Energy, Investing, Technology
Tags
Base of the Pyramid, development finance, impact bonds, impact investing, lending, off-grid energy, PAYGO finance, solar