Africa: Bii Invests $20m in Acumen Fund to Expand Off-Grid Solar in Africa
TLDR British International Investment (BII) has committed $20 million to Acumen’s Hardest-to-Reach (H2R) Initiative, a fund aimed at expanding access to off-grid solar power The investment, made through H2R Amplify, will help provide affordable clean energy to over 50 million people across 17 countries H2R Amplify has secured $123 million at first close and uses…