The Beyond the Grid Fund for Africa is expanding its geographical reach in its aim to bring clean, affordable, off-grid energy access to millions of households and support the growth of commercially sustainable businesses across the continent
The Energy Entrepreneurs Growth Fund, founded late 2019 and managed by Triple Jump, announced today it has made its first investments totalling $10mn in three off-grid solar providers in sub-Saharan Africa.
Millions of financial support have been mobilised for off-grid energy companies in need due to the Covid pandemic. But how do fund managers ensure it’s disbursed fast and effectively to those most in need?
Hussein Sefian, the founding partner of Acre Impact Capital, has a ‘big idea’: leveraging export credit finance to mobilise capital that can help solve Africa’s lack of critical infrastructure, from clean water to energy.