Monday
July 11
2022

EDFI and Oikocredit invest $8 Million in Solar Panda’s Solar Kits in Kenya

By Jean Marie Takouleu

The Electrification Finance Initiative (EDFI ElectriFI) supports rural electrification in Kenya. In a series A funding round, the European Union (EU) funded programme has partnered with Dutch impact investor Oikocredit to invest USD 8 million in Solar Panda. The Canadian company is using the pay-as-you-go model to spread its electricity access solutions in Kenya.

Photo courtesy of David Monje.

Source: Afrik21 (link opens in a new window)

Categories
Energy
Tags
electricity, impact investing, minigrids, renewable energy, solar