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
A team of high-level officials and the World Health Organisation recently teamed up to assess and address the effects of the ongoing drought in Somalia. Following this, the team successfully rehabilitated two water pumps, providing 19,716 people with access to clean water. For just over a month between 7 May and 16 June 2022, Somali
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 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
Uganda government officials have been racking up air miles between Entebbe, Italy and US to strike a financing deal for the $4 billion refinery project. Government officials admit that the refinery project has fallen behind others, and will likely come onstream late in 2027 at the earliest if the necessary financing is tied up and
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