OGEF (The Off Grid Electricty Fund) further investments in grants and loans to accelerate the provision of off grid solar in Haiti
Electrification of 200,000 households in Haiti by 2028 Haiti Green Solutions (HGS) and Gold Energy join Ekotek and Palmis Eneji as participants in the results-based financing scheme Additional catalytic grants made available Additional working capital loan to ESG (trading as Ekotek) Port-au-Prince, 3 January 2023 – The Off Grid Electricity Fund (OGEF), the renewable energy […]
Bamboo Capital Partners exits Banco Popular after triple-digit loan portfolio growth and over seven times growth in savings portfolio
During the period 2012-22, Banco Popular extended its credit portfolio from USD$40m to 144m, grew deposits from USD$16m to 122m and increased the number of microfinance clients from 20,670 to 59,218 Since 2007, Bamboo’s investments in microfinance and fintech companies have enabled 87 million people worldwide to access financial services Honduras, 3 November – Bamboo […]
The Off Grid Electricity Fund invests a further USD$465,200 in Alina Eneji to increase access to reliable and affordable energy in rural Haiti
OGEF makes a further USD$465,200 investment to triple the size of Alina Eneji’s mesh grids to serve 1,000 households in rural Haiti using Okra Solar’s platform and equipment This investment builds on the success of the first 325 households connected, with the aim to have a 1,000 household mesh grid in place by the end […]
The Off Grid Electricity Fund (OGEF) invests in Paon Bleu to accelerate the supply credit for residential off-grid solar energy systems
Port-au-Prince, 5 September 2022 – The Off Grid Electricity Fund (‘OGEF’ or ‘the Fund’), the renewable energy access fund for Haiti supported by the World Bank, announces it has provided a loan to Paon Blue as a first step in establishing a partnership supporting the growth of its solar lending portfolio outside of Port-au-Prince. OGEF […]
The ABC Funds invests USD$1 million in high impact ag-tech helping small scale farmers maximise profitability
The Agri-Business Capital Fund (‘ABC Fund’) has invested USD$1 million in Apollo Agriculture (‘Apollo’), a Kenyan ag-tech that uses machine learning and automated operations technology to help small-scale farmers access the resources they need to maximize their profitability. Apollo Agriculture (‘Apollo’) is a Kenyan ag-tech that provides an optimized bundle for farmers that includes advice, […]
The BUILD Fund makes inaugural investment into East African off-grid solar energy solutions distributor
The BUILD Fund (‘BUILD’), an impact fund created in partnership between Bamboo Capital Partners (‘Bamboo’) and the United Nations Capital Development Fund (‘UNCDF’), has made its inaugural investment, providing a USD$500,000 working capital facility for Mwezi Ltd (‘Mwezi’), a Kenyan distributor of solar products. Mwezi is a distributor of solar products which improve the health, […]
The ABC Fund provides three West African agri-businesses with commitments totalling €1,000,000 to support future expansion
The Agri-Business Capital (‘ABC Fund’) has provided loans to three agri- businesses to support their working capital needs and expansion, enabling higher rural employment and securing market access for farmers in their respective sectors. The two loans in the mango sector enable the provision of financing to SMEs that usually do not have access to […]
L’OMDF lance son programme de subvention à Madagascar en affectant du financement à douze distributeurs de produits solaires
L’Off Grid Market Development Fund (‘OMDF’ ou ‘le Fonds’), dédié à accélérer l’accès à l’énergie à Madagascar et financé par le Gouvernement de Madagascar avec l’assistance de la Banque Mondiale, annonce aujourd’hui la signature de contrats de subvention avec douze distributeurs de produits solaires dans le cadre de sa facilité de Financement Basé sur les […]
OMDF kick starts grant programme by funding twelve solar distribution companies in Madagascar
The Off-Grid Market Development Fund (OMDF), the fund accelerating sustainable access to electricity in Madagascar, financed by the Malagasy Government with support from World Bank, today announces the signatures of grant contracts with twelve solar distribution companies under its results-based finance (RBF) facility in a major step towards the development of a thriving solar off-grid […]
Le fonds OGEF accorde un financement de 80 000 USD au distributeur solaire Palmis Enèji afin d’améliorer l’accès à l’électricité en Haïti
Le Off Grid Electricity Fund (OGEF ou le Fonds), le fonds d’accès aux énergies renouvelables pour Haïti soutenu par la Banque mondiale, annonce son deuxième investissement d’un prêt de fonds de roulement d’un montant de 80,000 USD à Palmis Enèji. Palmis Enèji distribue des produits solaires de qualité pour donner accès à une énergie propre, […]
