- ElectriFI funds Moon Togo to bring solar energy to 60,000 rural households across 15 prefectures in Togo.
- Moon Togo expands its operations under the government’s CIZO program, which aims to provide solar home systems to 2 million people by 2025.
- The project promotes job creation, flexible payment options, and sustainable solar energy, driving economic growth in rural communities.
ElectriFI, managed by EDFI Management Company, funds Moon Togo to accelerate rural electrification efforts. The project will bring off-grid solar energy to 60,000 households across 15 new prefectures.
According to the World Bank, only 25% of Togo’s rural population has electricity access, compared to the national average of 57.2%. Moon Togo plans to close this gap by delivering sustainable solar solutions to underserved areas.
The funding allows Moon Togo to expand operations under the government’s CIZO program. Launched in 2017, the initiative aims to supply solar home systems to 2 million people by 2025. Moon Togo contributes to this goal by increasing access to solar energy in rural areas.
Moon Togo provides affordable energy systems with flexible payment options. The company promotes local job creation and solar equipment recycling, ensuring economic and environmental sustainability.
Rodrigo Madrazo Garcia de Lomana, CEO of EDFI Management Company, supports Moon Togo’s mission. “We believe this model can transform lives and set a global example,” he said.
Sub-Saharan Africa struggles with rural electrification, leaving nearly 570 million people without reliable power. Off-grid solar energy offers a promising solution. Moon Togo’s efforts, backed by ElectriFI, will improve energy access and create long-term benefits for rural communities.
Expanding access to electricity will drive economic growth in these regions. It will also open education, healthcare, and entrepreneurship opportunities, fostering development across various sectors.
Moon Togo actively supports rural electrification through flexible energy plans and community-focused solutions. Their work aligns with the government’s efforts to improve electricity access, making solar power available to more people.
ElectriFI’s funding strengthens Moon Togo’s capacity to reach its goals. The private sector and government partnership aims to achieve energy targets and improve rural electrification across Togo.
In summary, ElectriFI’s investment helps Moon Togo reach 60,000 households with solar energy. The company’s work supports the CIZO program’s objectives and drives economic growth in rural communities. Moon Togo combines affordable solar solutions with local job creation, leading to sustainable development.
This project takes a significant step toward reducing electricity disparities in Togo. Moon Togo’s efforts impact rural electrification and set an example for other regions tackling similar challenges.