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African access to energy fund raises $45m at first close
07 February 2020A fund aiming to allocate $120 million to projects that provide 'affordable' access to energy for homes and businesses in sub-Saharan Africa has raised $45 million at first close.
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New fund launched to invest in off-grid energy firms in Africa
16 December 2019UK-based charity Shell Foundation and Dutch development bank FMO have launched a $120 million investment fund to invest in companies working to provide affordable energy in sub-Saharan Africa.
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$120m fund planned to help clean energy firms in emerging markets
31 October 2018The Shell Foundation is to seed a fund that aims to raise $120 million to help young, clean energy-focussed companies in emerging markets.