dfis

UN-, Netherlands-backed fund will invest US$850m in 1.7GW clean energy pipeline in African, Asian states, with solar meant to account for 40% of portfolio.

Loan to help FinLux Ellen Sarl allocate kits and appliances to schools, hospitals, businesses and households.

President Lungu cuts red ribbon of 54MW Bangwelulu project, the first to be tendered, financed and built under the World Bank’s Scaling Solar programme.

Land acquisition, corruption and short-termism complicate scaling up solar and others with the speed required by climate change, London event hears.

Concessional loans could shorten solar’s journey towards cost parity in Thailand and more developed emerging markets, says new BNEF study.

Whilst African solar is still firmly an emerging market, investors have confirmed that issues remain with development finance, insofar as it is holding back the market from truly taking off. Whilst development finance institutions (DFIs) are a crucial part of allowing the market to find its feet, the continent’s economic infrastructure needs to move beyond the realm of development finance for commercial financiers to be enticed.