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D.light Takes PAYGo Solar From Impact Funds to the London Stock Exchange
The listing brings d.light’s cumulative PAYGo receivables purchasing capacity to $1 billion — a milestone that few in the off-grid energy sector thought achievable when the company pioneered the first-ever PAYGo securitisation back in 2020.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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IFC Backs CrossBoundary Access with US $10 Million Equity Investment
This investment supports the continued construction and expansion of CrossBoundary Access’s portfolio of distributed renewable energy assets, including mini-grids, battery-as-a-service (BaaS), and adjacent technologies in Sub-Saharan Africa.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Zafiri Announces USD $176 Million Commercial Launch to Accelerate Energy Access via the Private Sector Cross sub-Saharan Africa
Zafiri will deploy patient equity into distributed renewable energy (DRE) companies and projects across Sub-Saharan Africa, including mini-grids, solar home systems, productive-use energy solutions, and clean cooking enterprises. At least 50% of the platform’s capital is expected to support mini-grids, solar home systems, and clean cooking.
- Region
- Sub-Saharan Africa
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Record Sales Highlight Off-Grid Solar’s Critical Role in Electrification
The East Africa region and Nigeria experienced the highest sales, with subsidies and results-based financing (RBF) programmes helping expand affordability and accelerate market expansion, pushing sales of products purchased through pay-as-you-go (PAYGo) up by almost 50%.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Financing the Future: How Off-Balance-Sheet Special Purpose Vehicles Could Fund Africa’s Cleantech Transition
Across Africa, founders are tackling some of the world’s most difficult development challenges with cleantech solutions that require significant capital expenditure. But according to Julia Lawson-Johns, and Amar Inamdar at KawiSafi Ventures, beneath this wave of innovation lies a capital architecture that is still too shallow to enable the scale these firms now require. They argue that off-balance-sheet financing via special-purpose vehicles could provide cleantech enterprises with an alternative means of securing upfront liquidity to finance growth, and explore how these vehicles could power Africa’s cleantech transition.
- Categories
- Agriculture, Energy, Finance, Investing, Transportation
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Analysis: Beyond the Horizon: What Off-Grid Solar and Clean Cooking Can Reveal About the Road Ahead for Clean Cooling
Clean cooling is at an inflection point. The need is clear, proof-of-concept technologies exist, and the market is forming. The decisions made now will shape the sector for a generation. The experience of off-grid solar and clean cooking tells us what might lie over the horizon.
- Categories
- Energy, Environment
- Region
- Global
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African Development Bank and Government of Rwanda Launch $300 Million Energy Sector Results-Based Financing II Program Co-Financed With Aiib to Accelerate Universal Energy Access
The performance-based financing approach links disbursements to independently verified results to strengthen electricity transmission and distribution networks, improve grid reliability, and expand on-grid and off-grid connections among other targets.
- Region
- Sub-Saharan Africa
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Analysis: Powering Peace: Can Renewable Energy Help End Africa’s Conflicts?
Conflict is now at its highest level since World War II, driven by the breakdown of the international rules-based system, climate degradation, inequality, and demographic pressure—forces that are particularly acute across sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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