About
The U.S. International Development Finance Corporation (DFC) and Shell Foundation have expanded their MOU in 2023 to increase the flow of commercial capital into Distributed Renewable Energy (DRE) solutions in emerging markets.
Project Focus
The partnership addresses several DRE areas, including energy for households and local enterprises, e-mobility, and climate-smart agri-tech.
Since their 2021 MOU, aimed at deploying $150 million, they have surpassed this goal in under two years. This partnership showcases how philanthropic and development finance capital can effectively collaborate, leveraging Shell Foundation’s risk-tolerant capital and market knowledge with DFC’s support to fund high-impact businesses.
Latest news and updates
What gender-responsive financing can unlock for women entrepreneurs
A Gender Results-Based Financing pilot shows how targeted incentives can unlock income growth, resilience, and opportunity for women entrepreneurs.
08th March 2026
How solar irrigation is transforming the lives of smallholder farmers in Kenya – lessons and the road ahead
Solar-powered irrigation is helping smallholder farmers in Kenya build resilience to climate shocks, improve nutrition, and reduce post-harvest losses.
28th January 2026