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Kenya’s Off-Grid Solar Provider d.light Secures $10 Million From Proparco
d.light, a Kenyan based off-grid solar provider has secured US$10 million in equity financing from Proparco.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- off-grid energy
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Press Release: Renewvia Energy Receives $1 Million Commitment from SIMA Fund to Electrify Communities in Rural Kenya
Social Investment Managers and Advisors LLC (SIMA), a new generation of impact investment manager, and Renewvia Energy Corporation, a global solar developer, today announced a partnership to electrify rural communities in Kenya underserved by conventional utilities.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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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, Investing, Social Enterprise
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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
- 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