Solar Fund Launch Across Six Nations

Key Figures & Findings: AECF and Invest in Visions, a Frankfurt-based non-bank impact investor, have launched a Solar Electrification Fund to support distributed renewable energy in Botswana, Côte d’Ivoire, Ghana, Kenya, Rwanda, and Nigeria. AECF serves as Fund Advisor, while Invest in Visions acts as Fund Manager. The initiative targets businesses and projects in Productive Use of Energy (PUE), Commercial and Industrial solar (C&I), and mini-grid systems to accelerate green energy access and transformation.

Insights: The targeted beneficiaries include households, businesses, and social institutions, aiming to expand energy access and stimulate regional economic development through solar infrastructure.

Future Implications: If executed effectively, the fund could increase energy access and improve resilience for underserved communities. It is expected to mobilize new investments in distributed solar solutions and contribute to achieving national electrification and climate goals across partner countries within the next five years.