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Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations
The mechanism provides financing to companies that supply clean energy to households and small and medium-sized enterprises (SMEs) in Africa.
- Categories
- Environment, Finance, Technology
- Region
- Sub-Saharan Africa
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India Announces Scheme to Install Rooftop Solar on 10 Million Homes
The scheme is intended to not only reduce the electricity bill of the poor and middle class but also make India self-reliant in the field of energy.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Securitization for Social Impact: Why It’s the Ideal Instrument for Scaling Social Enterprises Providing Consumer Financing in the Developing World
Economic uncertainty has led to a risk-averse approach from investors in recent years, forcing social enterprises and other businesses in developing countries to find alternative sources of finance. Ron Pfende at d.light shares an innovative solution to this challenge: securitization, the process of transforming a group of cash-generating assets into one investable security. He explains how d.light has leveraged this approach to finance its growth, and how securitization yields returns for businesses and investors alike.
- Categories
- Investing, Social Enterprise
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Rwanda’s New $300 Million Clean Energy Project Unveiled
According to the Ministry of Finance and Economic Planning (MINECOFIN), the adoption of the financing agreement by Parliament is “a pivotal step toward universal access to electricity.”
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Driving the EV Transition in LMICs: How Low- and Middle-Income Countries Can Accelerate the Adoption of Electric Vehicles
Amid mounting climate concerns, public health issues and economic challenges, the case for low- and middle-income countries (LMICs) to transition to electric vehicles (EVs) is compelling. Based on the strategies adopted by numerous countries, including many pioneer LMICs, Daphnée Benayoun, Kiran Willmot and Debashish Roychoudhury at Dalberg share four priority drivers that governments should consider to accelerate and manage their EV transition.
- Categories
- Energy, Environment, Technology, Transportation
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Sun King Secures USD $7 Million Boost From Lendable For Expanding Clean Energy Access In Africa
This collaboration between Sun King and Lendable stands as a testament to the shared vision of creating a more sustainable and inclusive energy future for Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Africa’s Biggest Oil Refinery Begins Production in Nigeria with the Aim of Reducing Need for Imports
Some citizens have expressed hope that the new plant would soon help reduce consumer gas prices, which have tripled from a year ago after the government stopped decades long subsidies.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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£8 Million Awarded to LEIA to Boost Energy Access in Global South
It is estimated this additional funding will result in a reduction of approx. 500,000 tonnes of CO2 emissions.
- Region
- Sub-Saharan Africa