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Report: World is Off Track to Achieve Universal Energy Access by 2030
"While almost 92% of the world’s population now has basic access to electricity – an improvement since 2022 – over 666 million people remain without access . . . "
- Categories
- Energy
- Region
- Global
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African Development Bank’s SEFA and Partners Sign $26.5 Million Deal for Zambia’s Ilute Solar Project
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has committed to contribute $8 million toward a $26.5 million financing package to support the 32 MWp Ilute Solar Project in Zambia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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South Africa Energy Startup Wetility Raises $27.8 Million Funding to Solar Power Thousands of Homes
South African solar-as-a-service provider Wetility has secured a ZAR500 million (US$27.8 million) structured capital partnership with Jaltech, a leading funder of solar energy projects, to help provide clean, reliable, and cost-effective solar energy to over one million homes and businesses across the country.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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CLASP and GEAPP Expand Access to Affordable, Energy-efficient Appliances in Africa
CLASP and GEAPP scale up their innovative financing program to support more African businesses and farmers with affordable, energy-efficient appliances.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Brazil, Others to Tap $1 Billion Industry Decarbonisation Programme
The countries will all be able to access cheap financing from CIF's Industry Decarbonization Investment Program, with every $1 expected to draw in $12 in financing from other sources, including development banks and the private sector.
- Categories
- Environment, Finance
- Region
- Global
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Acumen Invests $1 Million in Somalia’s KIMS to Grow Off-Grid Solar
"Sharia-compliant solar financing to boost energy access in Somalia."
- Region
- Sub-Saharan Africa
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CrossBoundary Access and ANKA Announce $20 Million Mini-Grid Partnership in Madagascar
"This partnership will connect over 62,000 Malagasy people to electricity by 2026."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Kenyan Startup Solar Panda Acquires Zambian Solar Firm In Expansion Move
"The acquisition adds more than 100,000 customers to Solar Panda’s portfolio and expands its operations beyond Kenya and Senegal."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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