Zafiri targets $300m to scale distributed energy in Africa with IFC backing

Zafiri IFC

Proposed distributed renewable energy investment vehicle Zafiri is targeting an initial capitalization of $300 million to scale off-grid and decentralized energy solutions across Sub-Saharan Africa, according to documents seen by DevFiNews. The move higlights a shift toward blended and permanent capital structures in development finance. International Finance Corporation (IFC), a member of the World Bank … Read more