The funding includes equity and fully funded enterprise development services (EDS) from VentureBuilder, which led the round, debt from Cordaid Investment Management (Cordaid), and grant financing from the United States African Development Foundation (USADF).

The funding includes equity and fully funded enterprise development services (EDS) from VentureBuilder, which led the round, debt from Cordaid Investment Management (Cordaid), and grant financing from the United States African Development Foundation (USADF)

06.08.2020 , Press release

EDF invests in Standard Microgrid

EDF’s investment in Standard Microgrid cements its leadership position in off-grid electrification and marks the Group’s very first investment in a microgrid operator.

Through this financing, the supplier of solar home systems and ecological cookers wants to expand the distribution of its solutions in Africa.

Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, and Falkon Ventures invested in the software and fulfillment platform focused on helping consumers understand their energy finances.

Through this financing, the solar home systems provider aims to electrify 1.4 million people living in rural areas in Uganda.

The loan is facilitated by the Energy and Environment Partnership Trust Fund

UK developer secures investment to expand development of EV and grid storage batteries that can be repaired, reused and upgraded.

Ignite announces a strategic fund-raising for its record-breaking Extreme Affordability Plan with the inaugural transaction of the Rwanda Renewable Energy Fund.

The new bundled offer means customers can buy a Bboxx solar home system (SHS) with a television.

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