Energy
DFC, OPIC’s successor, renews its confidence in D.Light, a solar pioneer in Africa 

DFC, OPIC’s successor, renews its confidence in D.Light, a solar pioneer in Africa 

The bank is offering a helping hand to strengthen the American photovoltaic solutions provider’s position in Kenya, its flagship market.

Someone shares this article with you
            ▪ DFC, OPIC’s successor, renews its confidence in D.Light, a solar pioneer in Africa 

▪ The bank is offering a helping hand to strengthen the American photovoltaic solutions provider’s position in Kenya, its flagship market.

http://www.jeuneafriquebusinessplus.com/en/804075/dfc-heritier-de-lopic-renouvelle-sa-confiance-a-d-light-pionnier-du-solaire-en-afrique/

15/04/2020 at 19h05, by Aurélie Benoit

The $20m from the Development Finance Corporation will be used for the purchase of D.Light’s receivables by Solar Frontier Capital, a pan-African financial intermediary that also offers financial solutions to off-grid players on the continent. The transaction is expected to clean up D.Light’s books, enabling it to expand its customer portfolio to some 270,000 new households in Kenya, or around 1.2 million individuals.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

News

09/03/2020 at 17h36, by Gaëlle Arenson, updated 10/03/2020

Orange Mali to set up a solar farm based on the lines of its Orange Jordan model

The news has been confirmed to Jeune Afrique Business+ by two reliable sources.

Energy

02/03/2020 at 12h13, by Jeune Afrique Business+, updated 08/04/2020

How Zola EDF Côte d’Ivoire is financing the deployment of 100,000 solar kits

The transaction, estimated at €40m ($44m), is to be carried out through a receivables securitisation...

Energy

31/01/2020 at 18h40, by Jeune Afrique Business+

Off-grid solar power: BBOXX looking at a second country with EDF in Africa

From France, the solar kit specialist in Africa intends to strengthen ties with its historical industrial...

Energy

28/01/2020 at 18h10, by Jeune Afrique Business+, updated 29/01/2020

Gafsa solar power plant: Engie-Nareva duo to provide financing

After winning the public tender for a 120MW photovoltaic power station, the Franco-Moroccan consortium...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.