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Jacqueline Novogratz and Acumen Raise $300 Million For Off-Grid Solar In Africa
Backers include Green Climate Fund, IFC, Shinhan Bank, Nordic Development Fund and Soros Economic Development Fund.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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IFC Seeks $300 Million to Fund Electricity Mini-Grids in Africa
The International Finance Corp. is setting up an entity aimed at lowering the cost of mini grids in Africa, to accelerate plans to connect 300 million Africans to electricity by 2030.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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MOPO Secures £5 Million Investment From Norfund to Expand Clean Energy Access Across Africa
MOPO operates a pay-per-use battery rental system that delivers clean and dependable energy to households and businesses through solar charging hubs managed by local agents.
- Region
- Sub-Saharan Africa
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Aligning Capital with Justice: How Innovative Finance Can Enable the Final Stretch Toward Energy Access in Africa
The world has made unprecedented progress toward universal energy access, and today over 90% of the global population has electricity. But as Roeland Menger at Nithio explains, the remaining 10% live in rural and low-income communities — primarily in Africa — that typical business and funding models can't reach. He argues that the exclusion of these markets is not only ineffective but unjust, and highlights several innovative investment approaches that are expanding decentralized energy to the last mile.
- Categories
- Energy, Environment, Investing
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New Coalition Formed to Power Food Systems with Clean Energy
A newly established multi-stakeholder alliance — the Agri-Energy Coalition — is launching to address critical challenges at the intersection of agriculture and energy in low to middle-income countries.
- Categories
- Agriculture, Energy
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The Circular Solar Opportunity in Africa: How Refurbishing Solar Systems Can Reduce E-Waste and Expand Energy Access
While working in the bustling solar energy scene in Ethiopia, Zelalem Nigatu at Inter Ethiopia Solutions noticed a disheartening trend: Mountains of solar home systems were being discarded due to minor issues that could have been fixed by trained technicians with access to spare parts and the proper tools. He explores how Inter Ethiopia Solutions is tackling this challenge through a systematic approach to refurbishing solar home systems and repurposing lithium-ion batteries, enabling it to offer affordable off-grid energy solutions while reducing e-waste.
- Categories
- Energy, Environment, Technology
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Analysis: India’s Biofuel Drive is Saving Billions but also Sparking Worries
It's not just consumers - the government's blended fuel push has also raised concern among climate researchers and food policy experts.
- Categories
- Transportation
- Region
- Asia Pacific
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Ariya Finergy Secures €500,000 from CEI Africa to Scale Solar Solutions
These projects are expected to deliver more than 6,000 MWh of renewable electricity annually, reducing CO₂ emissions by an estimated 3,000 tonnes per year.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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