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Africa

Africa: Swedfund Backs Agg With $20m to Scale Energy Solutions in Africa

eriinfo.com1 week ago05 mins

Swedfund is providing a $20 million loan to the Africa Go Green Fund to expand debt financing for companies working on energy efficiency and emissions reduction across Africa. The funding will support businesses in areas including clean cooking, electric transport, green buildings, appliances and industrial energy efficiency. Africa Go Green has financed close to 30…

Africa

Africa: Bii Invests $20m in Acumen Fund to Expand Off-Grid Solar in Africa

eriinfo.com12 months ago04 mins

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…