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Expanding solar home systems for universal energy access in Kenya

Headquarted in Canada and Nairobi, Solar Panda designs, manufactures and distributes pay-as-you-go (PAYGo) solar home systems (SHS) to low-income communities in Kenya. Launched in 2017, the company has expanded to more than 200,000 homes through 37 branches in Kenya, making it one of the fastest-growing companies in the sector. Using the Oikocredit and EDFI ElectriFi

Uganda Discovers 31 Million Tons of Gold Ore

Recent exploration surveys in Uganda have led to the discovery of approximately 31 million tons of gold ore deposits, from which an estimated 320,158 tons of refined gold could potentially be extracted, with its value currently standing at $12.8 trillion. The results were announced following two years of aerial exploration followed by geophysical and geochemical

MIGA issues guarantees to Azura to enable ownership transfer of CTRG power plant in Mozambique

MIGA has issued guarantees to Azura CTRG Holdings of Mauritius (Azura) to cover up to $149.85 million for equity into and loans to Central Termica de Ressano Garcia (CTRG) for a period of approximately 13 years against the risks of breach of contract (BOC) and transfer restrictions (TR). Azura will acquire stakes owned by Sasol New Energy