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Inspired Evolution to Manage $300m Zafiri Renewable Energy Investment for Africa's Energy Access

Business1 min read
Inspired Evolution to Manage $300m Zafiri Renewable Energy Investment for Africa's Energy Access

Inspired Evolution has been selected as the investment manager for the $300 million Zafiri project, aimed at expanding access to clean energy solutions for ten million people in sub-Saharan Africa by 2026. Zafiri, a decentralized renewable energy equity investment vehicle, will focus on providing long-term equity to underserved markets and companies in the renewable energy sector.

The initiative, backed by various partners including the IFC and AfDB, seeks to address the financing gap in the energy sector in Africa. Inspired Evolution, a firm with a focus on clean energy solutions, will play a pivotal role in driving the mission to provide electricity access to 300 million people in sub-Saharan Africa by 2030.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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