Read why we believe The Economist should reconsider their doubts regarding the impact of electrification on the poor.…
08Feb 2019
Read why we believe The Economist should reconsider their doubts regarding the impact of electrification on the poor.…
Despite significant progress in access to electricity in Sub-Saharan Africa, there’s still a big gap in the region with over 600 million people lacking access to electricity and the biggest part of the blame is laid on lack of financing. CNBC Africa is joined by Gabriel Davies, Head of Energy Access at CrossBoundary Energy Access a recently launched financing facility...
CrossBoundary Energy Access (CBEA), Africa’s first project financing facility for mini-grids, announced its launch, with funding from The Rockefeller Foundation and Ceniarth. CBEA will initially invest $16 million into mini-grids serving 170,000 people, providing first-time power to homes and businesses. The focus is on markets with supportive mini-grid regulatory frameworks, such as Tanzania, Nigeria, and Zambia. CrossBoundary Energy Access has...