November 2

USD 26.5 Million to Bridge Energy Gaps in Sub-Saharan Africa

Social impact investor Oikocredit has committed USD 26.5 million in loans and equity investments to improve energy access by financing distributed renewable energy (DRE) infrastructure in sub-Saharan Africa through to 2026. The commitment was publicly announced at the Clinton Global Initiative (CGI) 2023 Meeting in New York.

Together with existing and new partners, Oikocredit will embed productive capacity development programmes in rural infrastructure development initiatives in Africa and facilitate the delivery of holistic community interventions centered on the needs and wants of each community.

Source: AfricaBizz (link opens in a new window)

Energy, Investing
energy access, impact investing, infrastructure, lending, renewable energy, rural development