TDB And Consortium Of Lenders To Broaden Access To Finance For Off-grid Solar In Kenya Via USD 130M Transaction With Sun King Arranged By Citi

The scalable loan instrument, arranged and structured by Citi with participation from leading development finance institutions and commercial lenders to help expand Kenyans’ access to finance to purchase green, affordable solar systems. The Eastern and Southern African Trade and Development Bank (TDB) is participating in a first-of-its-kind, bank-led and entirely Kenyan-Shilling-denominated USD 130 million sustainable securitisation transaction established by Sun King […]

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Off-grid Solar Facilities Offer Solution To Climate Change Adversities In Kenya

As the world grapples with rising heatwave, a section of Kenya’s fishing community has got a shot in the arm thanks to the innovation from MYPAG, a Danish firm, which has enabled them access off-grid cooling facilities for their fish. This is a lifeline to Kenyan fishermen as over 1.05 billion people among the rural […]

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Off-grid Solar in Africa, Benefits and Opportunities

For most parts of rural Africa, sunset is synonymous to darkness. This has been the trend for so long that it is seen as the norm rather than the exception. Data shows that 622.6 million of the 1.1 billion Africans have no access to electricity (WashingtonPost). The urban electrification rate stands at 60 percent, with […]

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