“Africa is simply tired of being in the dark. It is time to take decisive action and turn around this narrative: to light up and power Africa – and accelerate the pace of economic...
The sale of off-grid solar systems using end-customer credits has become a widespread standard today under the overall term pay-as-you-go (PAYGO). Even though the off-grid solar market in sub-Saharan Africa has received a considerable...
Nigeria-based solar energy provider Starsight Energy announced the conclusion of a competitive local currency refinancing agreement with Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF).The agreement is for a 10-year NGN8 billion refinancing of $20 million...
Kinabi in eastern Uganda is the 19th solar village of the Solar Energy Foundation in East Africa. 100 households now have a basic supply of solar energy. The new solar village was realised in cooperation...
While many talk about moving towards renewable energy sources, a rural Limpopo community is showing the way after embracing solar energy to escape load shedding and high electricity tariffs. Each time the Matsila Community Development...
The African Development Bank (AfDB) Group has announced the release of $180 million to Rwanda. This is a loan to finance a project to electrify rural areas, mainly in the south of the country.Of...
Minigrids can power two and three-wheeled electric vehicles at a matching price with fossil-fuel alternatives. This was the finding of an RMI Study, Powering Small-Format Electric Vehicles with Minigrids, which assessed the viability of two-...
The Electrification Finance Initiative (EDFI ElectriFI) is signing a new $3.1 million loan for Redavia. The German company will use the loan to provide solar power to businesses and industries in two African countries.The...
Africa is still grappling with the crisis of energy poverty a problem that is only becoming more acute as a result of a decline in investment and a lack of adequate infrastructure. It is...
Easy Solar, a leading last mile distribution and asset financing company that sells solar systems, productive appliances & consumer electronics, has secured a USD 5 million senior secured debt facility to expand its reach...