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AUGUST 2016

GOGLA Investor Q & A with Audrey Desiderato, SunFunder

GOGLA Investor Q & A with Audrey Desiderato, SunFunder

In our latest investor Q&A, GOGLA speaks with Audrey Desiderato, Co-Founder & COO of SunFunder.SunFunder provides short-term inventory, working capital and structured finance loans to solar energy companies to help them scale and catalyze growth in the sector.

Ghana ramps up mini grid development

Ghana ramps up mini grid development

In West Africa, Ghana is ramping up the deployment of mini grids to boost the current rate of electrification to over 200 islands and 2,000 lakeside communities, Graphic Online reported.

AfDB finances Niger’s green mini-grids

AfDB finances Niger’s green mini-grids

Multilateral development finance institution African Development Bank (AfDB) has approved a grant that will enable Niger to promote development of green mini-grids.

FMO, Rabobank and Norfund join forces to support growth in Africa

FMO, Rabobank and Norfund join forces to support growth in Africa

Norfund, FMO and Rabobank have entered into a partnership to reaffirm their long-term commitment to Africa’s future development, growth potential and the local financial sector. The partners are committed to strengthen and develop effective, inclusive financial systems in Africa.

Africa battles to get big solar projects on grid

Africa battles to get big solar projects on grid

SANTHIOU MEKHE, Senegal (Reuters) - In an expanse of sand 60 miles (100 km) north of Senegal's capital, two men set to work digging up tree stumps to clear space for what could soon be the biggest solar plant in West Africa.

France invests $37m in Kenyan power developments

France invests $37m in Kenyan power developments

On Monday, Kenya entered into an agreement with France for a sum of $37 million to facilitate the development of the east African country’s power sector through renewable power mini-grids.

Namibia formulates renewable energy policy

Namibia formulates renewable energy policy

In southern Africa, Foibe Namene, CEO of the Namibian Electricity Control Board, has indicated that the country’s renewable energy policy is almost complete.

Grand Challenge invests $36m off-grid

Grand Challenge invests $36m off-grid

Power Africa and USAID's Global Development Lab have launched the Grand Challenge aimed at empowering entrepreneurs and investors to grow the off-grid market in Africa.

Rockefeller Brothers Fund backs African renewables platform

Rockefeller Brothers Fund backs African renewables platform

ENGINEERING NEWS - Private grantmaking foundation the Rockefeller Brothers Fund is participating in a $117.5-million investment in the Lekela Power Platform, which aims to build over 1.3 GW of wind and solar plants in Africa by 2018.

OPIC affirms commitment to Sub-Saharan Africa

OPIC affirms commitment to Sub-Saharan Africa

ESI AFRICA - President and Chief Executive Officer of the Overseas Private Investment Corporation (OPIC), Elizabeth Littlefield, says that its investment portfolio in the Sub-Saharan Africa region needs to develop further as it is still too small to meet the region's needs.

GOGLA Investor Q & A with Kat Harrison, Acumen Fund

GOGLA Investor Q & A with Kat Harrison, Acumen Fund

In the second Q&A of our investor series, GOGLA speaks with Kat Harrison, Impact Associate Director at Acumen. Kat joined Acumen from another GOGLA member, SolarAid, where she created and grew the research and impact measurement activities to be a resource for the off-grid energy sector, now housing some of the most comprehensive data on energy access in rural Africa.