The ILX pension fund investor set up with the backing of German, Dutch and British public money has committed to join the EBRD in providing the finance for climate-related investment across the lender’s sphere of influence.
Dutch off-grid solar organization GOGLA has focused on the negative effect of the reimposition of VAT and import duties on solar lighting systems in Kenya as emblematic of the lack of legislative support for clean energy across the continent.
Winch Energy has announced the project, which it hopes will be a significant bridgehead towards building $100 million worth of off-grid systems within two years, alongside Franco-Japanese partner Neot Offgrid Africa.
Solar distributors and service providers and microfinance businesses which are rolling out PV systems in Somalia and the self-declared Republic of Somalil and have been offered access to grants from development donors.
The Kenyan financial services business has been developing rural mini grids across Africa and has announced plans to show its rivals how such networks can thrive, in a bid to accelerate access to electricity on the continent.
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