The Race for Universal Energy Access Speeds Up — Netherlands for the World Bank

VentureBuilder launches innovative approach to support indigenous off-grid solar companies in Africa — Financing for Development in Africa

VentureBuilder, which is focused on scaling African-owned and managed off-grid solar enterprises, launched today in advance of the Unlocking Solar Capital Africa conference with support from the DOEN Foundation, Facebook, Shell Foundation, and USAID. Mandated with expanding energy access to underserved populations in Africa, VentureBuilder’s launch will enable it to pioneer a new investment model […]
Read More

US$150m approved for Off-grid electrification project in the sub-region — Financing for Development in Africa

US $150m has been approved by World Bank and the Clean Technology Funds (CTF) for the implementation of the Off-grid electrification project (ROGEP) which will facilitate access to electricity in 19 African countries. ROGEP is an off-grid solar electrification project that will be implemented in West and Central Africa. The beneficiary countries of the programme
Read More

Russian Export Center, VEB Create US$5Billion Platform For Russia-Africa Trade Financing — Financing for Development in Africa

The Russian Export Center, VEB.RF state development corporation, Sberbank and GemCorpCapital LLP investment company have signed a US$5 billion worth framework agreement for creating a mechanism of Russian-African trade financing, according to the document, seen by Sputnik. The agreement was signed on the sidelines of the Russia-Africa Summit. “The deal value reaches $5 billion, which
Read More

Accessing Business Loans in Nigeria

Anytime we are approached for a business plan development we like to state the hurdles to the client about the peculiarities of getting a business loan in Nigeria. Getting a business loan is a major hurdle for most small businesses in Nigeria, mainly due to lack of proper credit facilities for small business owners and entrepreneurs in
Read More

Debt Vs Equity Financing

Which one is best for your business/project? When it comes to looking out for funding to support your new startup or enhance the growth of an existing brand you will always have to choose between debt funding or Equity. The Question usually is Debt VS which is best for your business and why? The simple
Read More