Pawame Secures $2.5m, Plans Launch of $5m Series A Round

Pawame has raised $1.7m in grant and $750k in equity financing. The funds will enable the…

Renewvia Energy Set to Deploy Solar Mini-Grids in Kenya

Renewvia is set to construct solar mini-grids for Kenyan rural communities. SIMA is providing the financing…

OMDF to Provide Subsidy for SHS Roll Out in Madagascar

  The OMDF has launched a performance-based grant in Madagascar. Under the scheme, solar kit providers…

Opes-LCEF Invests in Two East African Solar Providers

The Opes-LCEF has invested in two solar energy developers, Munyax Eco and WidEnergy. The funds will…

Sudanese Adopt Solar Energy with Increasing Energy Shortages

Businesses in Sudan are increasingly adopting solar energy as a respite for the country’s energy shortages.…

MIGA Issues Investment Guarantees for Bboxx Operations in Africa

MIGA has issued guarantees worth $37.1m for the African Infrastructure Investment Fund 3 (AIIF3) and the…

The Need To Make Renewables Affordable

There have been recent arguments on the necessity for a transition into renewable energy. Some say…

FG Commences Roll Out of SHS Units Under Solar Naija Programme

The Vice President has stated that the FG will implement the first phase of the Solar…

Baobab+ Secures €4m to Distribute Solar Home System Kits in West Africa

Baobab+ has raised €4 million to expand its operations in Senegal and Ivory Coast. The company…

World Bank Approves $500m Loan for Electrification in Ethiopia

The World Bank has approved a $500 million loan to the government of Ethiopia. The funds…