Energy access

AgilityEco, an energy efficiency services business aimed at reducing fuel poverty and CO2 emissions from UK households, has seen its turnover increase threefold since Bridges investment in 2019.

The Emerging Africa Infrastructure Fund’s bond is West Africa’s first social asset-backed security, targeting 100% electrification in Cote D’Ivoire.

The additional €3m investment from Activate Capital, Rubio Impact Ventures and PDENH brings the total funds raised by the company to €25m, as it plans to expand its flexibility services across Europe’s energy grids

The Energy Entrepreneurs Growth Fund has received a $40m investment from the US International Finance Corporation, taking total capital commitments to the fund to $106m

ABN AMRO Sustainable Impact Fund, INCO Ventures and NGO ACTED have participated in the latest fundraising round for crowdfunding platform Lendahand which backs entrepreneurs in emerging countries

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

Katherine Lucey tells us how she is bringing light to sub-Saharan Africa with an army of female entrepreneurs: “No one should go to bed just because the lights go out.”

A new mandate awarded by Germany’s KfW to a consortium comprising Triple Jump, Persistent and GreenMax Capital Advisors will support new ways to decentralise electricity supply in sub-Saharan Africa.

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?