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£3 Million Grant to Support Perovskite Solar Module Manufacturing in Africa
The project’s focus is on the potential of perovskite solar technology, a more affordable and energy-efficient alternative to traditional silicon-based solar cells.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: Novastar Ventures Backs the Growth of Sistema.bio in Africa
Novastar has joined Sistema.bio’s recent internal financing round of USD 7.75 million with a USD 3.5 million investment.
- Categories
- Agriculture, Energy, Environment
- Region
- Sub-Saharan Africa
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The Gender Aspect of the E-Mobility Transition: An Innovative Collaboration in Kenya Highlights New Ways to Bring Women into the Sector
The transition to electric mobility (e-mobility) represents a massive shift for consumers, businesses and other stakeholders. But as Dana Gorodetsky at the William Davidson Institute argues, it also creates an opportunity to engage women as electric vehicle (EV) entrepreneurs, designers, producers and drivers — and to design mobility solutions with women's needs in mind. She explores how Kenya is leading the way in ensuring a just and inclusive e-mobility transition, highlighting two companies that are working to boost women’s involvement in the EV value chain.
- Categories
- Energy, Environment, Transportation
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Press Release: CEI Africa Receives EUR 24 Million from KfW to Boost Clean Energy Access
This grant will be distributed across the various investment and grant windows of CEI Africa, offering financing for green mini-grid developers and companies in the off-grid solar sector.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Announcing NextBillion’s Most Influential Articles of 2024: Vote for Your Favorites by Jan. 5
As we bid farewell to an eventful year, it's time for NextBillion’s annual tradition: our “Most Influential Articles of the Year” contest. Each December since 2012, we've selected 12 of our most-read articles from the past year, inviting readers to vote for the ones that influenced their thinking the most. Check out the articles in this year's contest (if you haven't already), and vote for your favorites: You can vote up to once per hour between Dec. 18 and 11:59 pm EST on Jan. 5.
- Categories
- Agriculture, Energy, Environment, Health Care, Impact Assessment, Investing, Social Enterprise, Technology
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LightSpeed Invests $40 Million in Indian Solar Startup
SolarSquare serves over 20,000 households and more than 200 cooperative housing societies across India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Making Mini-Grids Work for Everyone: A Tariff Harmonization Pilot in Sierra Leone Reveals the Benefits and Challenges of Lowering Prices
Solar mini-grids offer a promising solution to energy poverty in Africa. But according to Tombo Banda and Lisa Kahuthu at CrossBoundary and Miriam Atuya, this approach has yet to gain sufficient traction, due in part to the challenge of balancing operational sustainability with affordability. If customer tariffs are set too low, operators lack revenue — but if prices are set too high, mini-grid electricity isn’t accessible enough to drive widespread adoption. They share the results of a pilot program in Sierra Leone that tested the impact of lower prices on mini-grid operators and their customers, highlighting the implications for future efforts to implement tariff reduction at scale.
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BPR Bank, Denmark Launch $5.6 Million Credit Guarantee to Support MSMEs
This innovative scheme, the first of its kind by IFU in Africa, targets critical sectors.
- Categories
- Agriculture, Energy, Finance, Technology
- Region
- Sub-Saharan Africa