DRC: Proparco finances Nuru for off-grid electrification in North Kivu

According to the IEC, “more than 40,000 direct end-users will benefit from improved energy and street lighting services, bringing about transformative change in these vulnerable communities by powering essential services such as drinking water and telecommunications towers, while catalysing new businesses and employment opportunities”. This project will enable Nuru to increase its installed capacity in Goma to 5 MW, with a 150 km distribution network.

A few months ago, Nuru raised $40 million from the International Finance Corporation (IFC), Proparco, the Renewable Energy Performance Platform (REPP), the Global Energy Alliance for People and Planet (GEAPP), E3 Capital and the GAIA Impact Fund. The aim is to set up an installed capacity of 13.7 MW to supply electricity to people and businesses in Goma, Kindu and Bunia.