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Solar Giant, Baobab+ Raises $4.7 Million to Strengthen Access to Power in Côte D’Ivoire and Senegal
Baobab+, a solar home systems distributor in West Africa, has raised €4 million in financing for the expansion of its activities in Côte d’Ivoire and Senegal.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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10 Key Lessons for Solar Enterprises: Insights From SELCO’s 26 Years Doing Business in India
SELCO, a pioneering off-grid solar company based in India, just celebrated its 26th anniversary. Christine Eibs Singer at Sustainable Energy for All and Richenda Van Leeuwen at ANDE, both former board members at SELCO, share 10 lessons from the company's decades of experience in the sector, which may be helpful to other impact investors and social entrepreneurs working in off-grid energy.
- Categories
- Energy, Entrepreneurship, Investing
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Press Release: Efficient Motors Deliver 30% Reduction in Net Solar Energy System Costs, a New Efficiency for Access Report Finds
A new report from Efficiency for Access offers the first comprehensive analysis of efficient motor applications in off-grid and weak grid appliance markets.
- Categories
- Energy, Technology
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Viewpoint: Investors are failing African entrepreneurs — it’s time for a change
Despite the global economic slowdown caused by COVID-19, the case for investing in Africa is stronger than ever.
- Categories
- Coronavirus, Energy, Entrepreneurship
- Region
- Sub-Saharan Africa
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Press Release: EDF Group Is Stepping up Its Distributed Solar and off-Grid Business in Kenya
The EDF Group is strengthening its position on the Kenyan market by acquiring shares in Econet Energy Kenya and Bboxx Kenya. The two investments illustrate the dynamism of EDF's activities in Africa, which have been growing steadily for the past 4 years.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Kenyan Energy Startup, SunCulture Obtains $11 Million for Its Solar-Powered Irrigation Expansion Across Africa
SunCulture, a solar irrigation startup headquartered in Nairobi, Kenya, has received an $11 million line of credit to expand its operations across sub-Saharan Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: USD 127 Million Social Impact Securitization Vehicle for off-Grid Solar Sector in Kenya
BLK1 has increased the size of its local currency receivable financing facility for d.light’s Kenyan business to USD 127 million with an additional USD 15 million of senior debt from Norfund.
- Region
- Sub-Saharan Africa
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Press Release: New Report Shows Promising Improvements in off-Grid Appliance Energy Efficiency
The 2021 Appliance Data Trends report finds near-to-market products are significantly more energy efficient and affordable than they were five years ago. Televisions are 48% more efficient and 44% cheaper than 2016 models, despite increases in screen size. Similarly, fans are 49% more efficient than models assessed two years ago, with some models 2-3 times more efficient than conventional models sold in Europe.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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