We have seen some very exciting progress in the off-grid energy access sector in Africa over the past 13 years and are proud to have supported over 300 engagements in the sector, across 27 countries in Africa. But based on recent research we co-authored with Lighting Global/ESMAP, GOGLA, and Efficiency for Access, there are still nearly 800 million people who live without electricity, and 75%+ in Africa.
In a recent piece, Open Capital‘s Energy Access sector leads, Duda Slawek and Andreas Zeller, share our learnings on what is still needed to reach the hardest to serve across Africa. Thanks to many of our clients and partners, who have contributed thoughts and ideas, across brainstorming sessions and through investments and new financing vehicles, including GOGLA, The World Bank/ESMAP, IFC – International Finance Corporation, VentureBuilder and our partner Catalyst Off-Grid Advisors, Acumen, The DOEN Foundation, Access to Energy Institute, Power Africa, Shell Foundation, CLASP, GET.invest, SNV, EEP Africa, Nordic Development Fund (NDF), Mirova SunFunder, British International Investment, U.S. International Development Finance Corporation, Norfund, The Carbon Trust, and many others.
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This article was first published in Sun-Connect News.