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Oorja Closes US $1.5 Million Pre-Series A To Scale Its Farming-as-a-Service Model
Oorja owns, operates and maintains decentralised solar infrastructure at the farm level and sells affordable irrigation and milling services to groups of smallholder farmers.
- Categories
- Agriculture, Energy, Technology
- Region
- Asia Pacific
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African Development Bank Group Approves $500 Million Loan to Boost Electricity Access in Nigeria
The loan will help close the financing gap of the Federal Budget in the 2024/25 fiscal year.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Press Release: $1.7 Million Funding Boost for Innovators Advancing Clean Energy Agriculture Technology
Efficiency for Access has awarded $1.7m of funding to innovators to help develop clean energy agricultural technologies and appliances in Sub-Saharan Africa and South-East Asia.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Masdar Issues $1 Billion Green Bond to Invest in Greenfield Renewable Energy Projects
The proceeds will be invested into new renewable energy projects.
- Categories
- Energy
- Region
- Global
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Press Release: d.light Closes New USD $176 Million Securitization Facility for Affordable Off-Grid Solar In Kenya, Tanzania and Uganda
Off-grid solar provider d.light and impact investor African Frontier Capital partner on new financing to support consumer loans for solar and high efficiency appliances in East Africa.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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New Portfolio Company in Kenya Scaling up Access to Clean Cooking Through Biogas Solutions
An agreement has been signed with a biogas system provider in Kenya to scale up access to clean cooking solutions for small-scale farmers across the country.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Bboxx Partners With TotalEnergies Marketing Rwanda to Scale Clean Cooking Access to 1 Million People Across Rwanda
The partnership will see Bboxx providing its innovative technology and PAYGo finance model and TotalEnergies Marketing Rwanda LPG cylinders.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Why Private Businesses — Not Non-Profits and NGOs — Present the Only Scalable Solution for Last-Mile Electrification in Africa
In the pursuit of last-mile electrification in Africa, both businesses and NGOs/non-profits are pursuing different pathways to scale. In a recent NextBillion article, Aneri Pradhan at New Energy Nexus argued that market-led approaches are ill-suited for remote communities, and that philanthropy should focus more on scalable non-profit models. But according to Yariv Cohen at Ignite Power, when it comes to serving these communities at scale, businesses offer advantages that non-profits and NGOs cannot match. He explores why the private sector’s role is critical for addressing energy poverty across Africa.
- Categories
- Energy, Technology
