Nine African Solar Companies Secure $2.6 million In Grants From Power Africa

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Power Africa has announced the disbursement of $2.6million in grants to solar companies to provide off-grid electricity to 288 healthcare facilities across sub-Saharan Africa.

“These grants demonstrate the Power Africa model in action. We use a modest amount of public funding to de-risk the transaction, thus opening the door for private investment,” Lead for Power Africa’s Beyond the Grid initiative David Stonehill. 

Read also: Kenyan Digital Addressing Startup OkHi Secures $1.7m Funding From UK Angel Network

Here Is What You Need To Know

“Off-grid solar technology offers a clean, affordable and smart solution to electrify healthcare facilities located beyond the reach of national electricity grids. Power Africa’s experience shows that off-grid solar energy systems can be rapidly deployed to even the most rural facilities,” said Power Africa acting coordinator Mark Carrato.

Power Africa ‘s grants to off-grid companies in Africa further re-maps Africa’s solar startup landscape

Read also: Angolan Government Approves Grant of $11,000 To Each SME And Startup Through Local VC

A Look At The Off-grid Companies Invested Into

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