-
Igniting Growth in the DRC: How Renewable Energy Can Power Urban Development
Off-grid solar systems have been a key to bringing energy access to the rural poor across East Africa. Yet in the Democratic Republic of Congo, just 9 percent of the population have access to electricity. Flavia Howard, a strategy consultant for social entrepreneurs, argues that in spite of the disruption caused by disease and war, her research shows that the country presents a compelling market for distributed energy solutions.
- Categories
- Energy
-
FirstBank, Azuri partner to bring solar to millions and deepen financial inclusion in Nigeria
More than 60 million of Nigeria’s roughly 200 million people do not have bank accounts and as little as 6% of people have a mobile money account.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
Electricity is Just the Beginning: Why Off-Grid Solar Opens the Door to Value-Added Services
Lack of energy access is a much-discussed issue in rural households and businesses across the developing world. But according to Mansoor Hamayun, CEO of BBOXX, electricity is just the beginning: Solar home systems could lay the foundation for a host of related services that could transform the quality of life in off-grid communities. Hamayun discusses “Tomorrow’s Rural Home,” BBOXX’s vision for the off-grid home of the future, which shows how solar energy access could create new markets and power economic growth in Africa and beyond.
- Categories
- Energy, Technology
-
What Was the Top NextBillion Post of 2018? Vote for Your Favorite
As 2018 comes to a close and we look back at the year's top posts, it's clear that the social sector is developing an increasingly willingness to challenge long-held assumptions – even when this leads to uncomfortable discussions and difficult course corrections. As NextBillion launches our seventh annual "Top Post of the Year" contest, we encourage you to vote for the post that influenced you most in 2018. You can vote up to once every six hours until 12:00 p.m. Eastern Standard Time (U.S.) on Jan. 3, and the winners will be announced on Jan. 4. Thanks for reading, and happy holidays!
- Categories
- Agriculture, Energy, Entrepreneurship, Finance, Investing, NextBillion Originals, Technology
-
Power Problem in a Changing Climate: The Renewable Energy Movement is Shortchanging Women and the Poor
What happens when a movement that aims to correct a global power imbalance develops an imbalance of its own? That’s the question facing renewable energy, says Solar Sister co-founder Neha Misra – a sector dominated by “largely white, often male, founder companies with Western expatriate leadership,” in which organizations with a social focus are sidelined by investors seeking quick profits. Misra discusses these and other uncomfortable truths – and why the movement must address them.
- Categories
- Energy
-
PayGo vs. MFIs: What Works Better for Energy Access Consumer Financing – And Does it Have to Be Either/Or?
Many last-mile customers can’t afford clean energy products without financial solutions to help pay for them. Energy enterprises often meet this need in two different ways: by partnering with microfinance institutions (MFIs) to provide loans to customers, or by offering pay-as-you-go (PayGo) financing options. The United Nations Capital Development Fund’s CleanStart program has supported energy providers using both of these models, and Teresa Le, an energy finance consultant at the program, explores their relative merits and challenges.
-
Homegrown, African-Owned: A New Approach to Building Africa’s Off-Grid Energy Industry
How can Africa achieve universal access to electricity – and what role should social business and investing play? These questions remain controversial, as investors flood the off-grid solar space, while a small number of enterprises struggle to use that capital to expand beyond their core markets. According to Dan Murphy at Catalyst Off-Grid Advisors and Andreas Zeller at Open Capital Advisors, there’s a critical “missing link” where the industry should focus to reach the region’s 120 million underserved households. And there are thousands of African entrepreneurs who can lead the way – with the right kind of support from investors.
- Categories
- Energy
-
Press release: SolarHome raises US$10 million in debt financing, targets 100,000 off-grid households in Myanmar by the end of 2019
The new funds will enable SolarHome, which has already installed close to 28,000 solar home systems, to accelerate expansion across Myanmar. Through this expansion, the company aims to reach 100,000 homes with its product packages that include budget, basic and premium solar system bundles for lighting and phone charging purposes, as well as TV bundles.
- Categories
- Energy
- Region
- Asia Pacific
Parent Organization
