-
Press Release: GOGLA and USEA Sign Partnership to Scale up the Productive Use of Renewable Energy in Uganda
The partnership seeks to enhance the use of renewable energy to improve food security and create economic empowerment in Uganda.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
How African Companies Are Solving the Continent’s Solar Finance Problem
While solar adoption is soaring in wealthier regions, it remains startlingly low in Africa. As of 2022, only about 13 gigawatts of solar capacity had been installed across the entire continent.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
-
COMESA, World Bank Announce $50 Million Energy Access Initiative
The program will engage specialized local and international firms and private investors to provide technical services.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
AFC and d.light Achieve Off-Grid Solar Industry Milestone with Full Repayment of Senior Debt for $110 Million Securitization Facility
AFC’s groundbreaking USD$110 million securitization vehicle, BLK1, the first securitization instrument for Pay-As-You-Go solar home systems, has achieved a full exit for its senior lenders months ahead of schedule.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Press Release: D.light and Chapel Hill Denham Close $7.4 Million in Securitized Financing to Fund Off-Grid Solar Expansion in Nigeria
A new financing facility provided by the Nigeria Infrastructure Debt Fund (NIDF) will open up access to affordable clean energy in Nigeria.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Arnergy, Which Provides Solar Power Systems to Homes and Businesses in Nigeria, Raises $3 Million
Arnergy was launched as a provider of sustainable energy services intended to deliver clean and reliable energy for businesses or homes.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Reimagining Enterprise Support and Advisory Services for Energy SMEs: Five Principles for Boosting their Impact in the Global South
Over 675 million people still lack access to electricity (as of 2021) — over 80% of whom live in sub-Saharan Africa. As Godfrey Simiyu Katiambo at Mercy Corps Energy4Impact explains, bridging this energy gap in an equitable, sustainable manner will require not only a massive increase in funding, but also targeted support for the small-and-medium enterprises (SMEs) that are advancing clean energy access in underserved communities. He explores the growing need for enterprise support and technical and business advisory services that cater to these SMEs' unique challenges, and proposes five ways to boost the impact of these services.
- Categories
- Energy, Environment
-
World Bank Allocates Nearly $300 Million to Support Renewable Energy Projects in Eastern and Southern Africa through Partnership with TDB
This platform aims to facilitate electricity access for up to 5 million people, clean cooking access for up to 1 million people, and add up to 35MW of energy capacity to the region.
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.