The following piece is an introduction to two articles, “Powering Progress: Kofa’s Journey to Transform Africa’s Energy Landscape” and “Quiet Revolution: How KofaGo is Transforming Business at Accra DVLA Park — Case Study”, that Kofa has published on Medium. Kofa, a Ghanaian company – funded by Shell Foundation and the UK’s Foreign Commonwealth and Development Office…
The clean energy access sector needs agile financing mechanisms and strong partnerships to help scale innovative and inclusive solutions for millions worldwide. At Shell Foundation, we are committed to making a clean energy transition that works for everyone, from our customers and solution providers right through to our finance and scaling partners. Impact Delivered Through…
DayLipa will provide flexible and affordable financing for income-generating energy assets Company has been founded in partnership between Davis & Shirtliff and 4R Digital, with support from Shell Foundation and the UK’s FCDO Initial focus will be on financing solar pumps, with ambitions to reach >150k customers, including 30% women, in five years A new…
Initial collaboration exceeded deployment targets within two years. Partnership demonstrates how philanthropic and development finance institutions can align to enable faster deployment of capital into impact sectors. Expansion will support several distributed renewable energy (DRE) areas including energy for households and local enterprises, e-mobility, and climate-smart agri-tech. Specific focus on local representation and consideration for…
British International Investment and Shell Foundation approve $2.6m carbon credit pilot investment to scale supply of solar irrigation in Kenya. Investment will allow SunCulture to provide a 25-40 per cent reduction in upfront product cost and reach an additional 9,000 smallholder farmers. Smallholder farmers in Kenya produce 78 per cent of the country’s food; only…
Shell Foundation portfolio partner, S4S Technologies, was announced last week as a winner of the 2023 Earthshot Prize in the ‘Build a Waste-Free World’ category. S4S was awarded £1 million to help scale their innovative solutions and growth in India and beyond. Impact of S4S Technologies S4S Technologies (S4S) is an Indian food tech…
Shell Foundation partner Kofa’s multi-purpose battery network has recently featured in articles in both CleanTechnica and Medium demonstrating how urban transporters and micro-entrepreneurs across Africa can lower costs and increase productivity through access to clean energy tech. Based in Ghana – with funding from SF and UK Aid from the UK government under its Transforming…
Eighty percent of the fisherfolk on the coast of Kochi in Kerala, India use motorised boats. But the fuel, maintenance and repair costs are cutting into the income of the community and contributing to a large amount of carbon emissions from fossil fuels. Despite having the highest net operating income among the coastal states, Kerala…
Shell Foundation (SF), the UK-registered charity supporting energy access market solutions in Africa and South Asia, recently signed a memorandum of understanding (MoU) with British International Investment (BII), the UK’s development finance institution and impact investor, to work in partnership to support the just and inclusive energy transition in sub-Saharan Africa and South Asia. Through…
Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment – supported by Mirova SunFunder East Africa Ltd as Investment Advisor (a wholly-owned subsidiary based in Nairobi) – last week announced a $171m first close of its Mirova Gigaton Fund which aims to accelerate the clean energy transition in emerging countries in Africa and…