Arnergy launches Diaspora Initiative for clean energy remittances Energy startup becomes Africa’s first solar company to launch renewables payment scheme for Nigerians abroad
FSD Africa Investments invests US$4.5m in Nithio FI, to support the scale-up of off-grid energy access in African markets. The Funding contributes to Nithio FI’s first raise of US$23 million to scale off-grid energy financing in Kenya, Nigeria, and Uganda.
PEG Africa has emerged as the largest provider of financed solar water pumps in West Africa PEG, a leading distributed energy company, passed US$1 million of sales from hundreds of pump installations in 2020.