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World Bank offers $4.6m credit for off-grid solar panels and cook stoves in Kenya

Part of the development lender’s $150 million Kenya Off-grid Solar Access Program, the money will enable distributors to stock up and establish sales networks as well as offering affordable repayment terms to customers across 14 off-grid counties in the East African nation.

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African governments doing too little to drive clean energy

Covid-19 rescue measures such as delaying electricity bill payments pile added pressure onto energy companies already hit by pandemic-related falls in demand in a continent which a new study suggests is too dependent on donor aid for the development of renewables.

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Fall in off-grid solar sales deprives 5m people of access to clean power

The latest edition of the Global Off-grid Solar Market Report by the World Bank and GOGLA has called for regulatory and financial support to help off-grid distributors create jobs lost to the Covid-19 pandemic.

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Lumos receives $35 million from DFC to expand renewable energy access to over 1 million Nigerians

Lumos Global has received US$35 million to fund its off-grid solar home systems installation project in Nigeria.

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Solarise Africa raises $10 million to spearhead its clean energy expansion in Africa

Financial solutions company Solarise Africa has raised US$10 million to support its investment in solar PV projects in Kenya, Rwanda and South Africa. The company has also set its sights on more “difficult” territories, like the DR Congo, Chad and Sierra Leone. CEO Jan Albert Valk talked to pv magazine about the company’s plans, and the “overwhelming” need for more renewable energy investment on the African continent.

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Senegal introduces VAT exemption for off-grid solar products

The Senegalese government is aiming to increase access to solar power in rural areas by reducing VAT on PV panels, inverters, solar thermal collectors and other products in an effort to achieve universal electricity access in the country by 2025.