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Press Release: Bboxx Secures Loan With FEI OGEF to Accelerate Energy Access in the Democratic Republic of Congo
Bboxx, a next generation utility, has secured a $4 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF), a debt fund managed by Lion’s Head Global Partners (LHGP).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Six Key Trends Driving Affordable, Low-Carbon Growth in the Rural E-Mobility Sector
In the last five years, a vast array of e-mobility startups have sprung up across sub-Saharan Africa, focused largely on electric bikes, scooters and three-wheelers. As Richa Goyal at Energy Saving Trust points out, these businesses are accelerating Africa's shift toward low-carbon transportation, while also boosting local manufacturing, skill development and job creation. She outlines six key trends and business model features in this emerging sector.
- Categories
- Energy, Transportation
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Press Release: Bamboo Capital Partners, the Government of Madagascar and the World Bank Partner To Launch USD$40 Million Energy Access Fund for Madagascar
Bamboo Capital Partners (‘Bamboo’), the impact investing platform, has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund (‘OMDF’ or ‘the Fund’), a USD$40 million renewable energy access fund.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Acumen and Green Climate Fund Boost COVID-19 Relief in off-Grid Energy Access
With a $30 million investment for sub-saharan africa, Green Climate fund joins a coalition of investors and donors to protect the progress made in achieving universal energy access.
- Categories
- Coronavirus, Energy, Investing
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Press Release: Angaza Raises $13.5 Million in Series B Financing
Fintech innovator receives funding as it crosses milestone of impacting 12 million lives globally.
- Categories
- Energy, Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Solar-Powered Technology To Level the Playing Field for Women and Girls in World’s Poorest Countries
The Efficiency for Access Research and Development Fund has awarded 20 organisations a total of £2.9 million in funding for innovative, solar-powered appliance technology projects that will help to level the playing field whilst addressing the climate emergency.
- Categories
- Energy, Environment, Technology
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West African Energy Startup Easy Solar Raises $5 Million Series A Round To Scale Operations
West African energy startup Easy Solar has raised a US$5 million Series A debt and equity funding round to help it scale operations and launch new products in Sierra Leone and Liberia.
- Region
- Sub-Saharan Africa
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Press Release: Africa Minigrid Benchmarking Report Launched
New data confirms distributed energy minigrids most reliable, affordable option for African governments seeking effective rural electrification and improved livelihoods, but lengthy and unpredictable approvals stymie growth.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa