{"id":9043,"date":"2023-08-15T11:00:56","date_gmt":"2023-08-15T09:00:56","guid":{"rendered":"https:\/\/solareyesinternational.com\/?p=9043"},"modified":"2023-08-15T11:00:58","modified_gmt":"2023-08-15T09:00:58","slug":"d-light-secures-125m-funding-to-solve-africas-energy-access-challenge","status":"publish","type":"post","link":"https:\/\/solareyesinternational.com\/d-light-secures-125m-funding-to-solve-africas-energy-access-challenge\/","title":{"rendered":"d.light Secures $125m Funding to Solve Africa&#8217;s Energy Access Challenge"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/solareyesinternational.com\/d-light-secures-125m-funding-to-solve-africas-energy-access-challenge\/#dlight_Secures_125m_Funding_to_Solve_Africas_Energy_Access_Challenge\" title=\"d.light Secures $125m Funding to Solve Africa&#8217;s Energy Access Challenge\">d.light Secures $125m Funding to Solve Africa&#8217;s Energy Access Challenge<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/solareyesinternational.com\/d-light-secures-125m-funding-to-solve-africas-energy-access-challenge\/#FOLLOW_US_ON_SOCIAL_MEDIA\" title=\"FOLLOW US ON SOCIAL MEDIA\">FOLLOW US ON SOCIAL MEDIA<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"dlight_Secures_125m_Funding_to_Solve_Africas_Energy_Access_Challenge\"><\/span>d.light Secures $125m Funding to Solve Africa&#8217;s Energy Access Challenge<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>d.light, which provides sustainable products and financing for low-income households internationally, has secured $30 million from the Eastern and Southern African Trade and Development Bank Group (TDB), with the ability to purchase up to $125 million of receivable assets to help increase access to renewable energy in Tanzania.<\/p>\n\n\n\n<p>The capital will be used to increase the company\u2019s securitized financing facility in Tanzania and grow its Pay-Go personal finance service, which allows low-income households to purchase the company\u2019s affordable, solar-powered home products. This expansion will be especially useful for meeting the demand for off-grid solar products needed in the most vulnerable communities in the country.<\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-start-a-solar-company\/\">HOW TO START A SOLAR COMPANY \u2013 do these 6 things and make money through solar<\/a><\/p>\n\n\n\n<p>As per the Chief of TDB, Michael Awori, d.light reached almost 1.7 million individuals with the Pay-Go model in 2022. The organization likewise created more than 2,000 jobs and turned away 1.3 million tons of fossil fuel byproducts in the process through its utilization of solar energy.<\/p>\n\n\n\n<p>Nick Imudia, who is the current CEO of d.light said \u201cThis new financing from TDB gives us the extra funding to reach more low-income families and households in Tanzania via our Pay-Go business, in a way that is affordable for our customers and sustainable for our business. As a scalable method of financing, securitization is an important fiscal tool to help African countries achieve the&nbsp;<a href=\"https:\/\/sdgs.un.org\/goals\" target=\"_blank\" rel=\"noreferrer noopener\">United Nations\u2019 Sustainable Development Goals<\/a>&nbsp;for energy access. Expect further expansion of this facility by d.light into other major sub-Saharan African markets during 2023.\u201d<\/p>\n\n\n\n<p>d.light has been selling its products in Tanzania beginning around 2008. The solar energy industry has seen tremendous development as of late, and d.light shows that this development might be utilized toward more fair access to energy all around the world.<\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-identify-fake-solar-products\/\">HOW TO IDENTIFY FAKE SOLAR PRODUCTS \u2013 6 things to check<\/a><\/p>\n\n\n\n<p>The organization, alongside its loaning accomplice, Africa Frontier Capital, will likewise utilize the approaching money to fund Brighter Life Tanzania 1 Limited, which will expand its off-balance sheet securitization structures.<\/p>\n\n\n\n<p>\u201cThese social impact securitizations are helping d.light to bring financial inclusion and access to reliable and clean energy to millions of people while simultaneously helping to ensure a just and equitable energy transition that benefits everyone,\u201d said Eric De Moudt, Founder and CEO of AFC.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"follow-us-on-social-media\"><span class=\"ez-toc-section\" id=\"FOLLOW_US_ON_SOCIAL_MEDIA\"><\/span>FOLLOW US ON SOCIAL MEDIA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Follow us on&nbsp;<a href=\"https:\/\/www.linkedin.com\/company\/solareyes-international\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark>LINKEDIN<\/mark><\/a>,&nbsp;<a href=\"https:\/\/www.facebook.com\/SolarEyesInt\" target=\"_blank\" rel=\"noreferrer noopener\"><mark>FACEBOOK<\/mark><\/a>,&nbsp;<a href=\"https:\/\/t.me\/+Y5UixY8F8uk0YjM0\" target=\"_blank\" rel=\"noreferrer noopener\"><mark>TELEGRAM GROUP<\/mark><\/a>&nbsp;and&nbsp;<a href=\"https:\/\/chat.whatsapp.com\/HT9fKgRISE3CmUQDu88bAl\" target=\"_blank\" rel=\"noreferrer noopener\">WHATSAPP<\/a>.<\/p>\n\n\n\n<p><em>*** ALSO CHECK:<\/em>&nbsp;<a href=\"https:\/\/solareyesinternational.com\/how-to-size-a-solar-system\/\">HOW TO SIZE A SOLAR SYSTEM \u2013 5 clear steps anyone can follow<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-size-a-solar-inverter\/\">HOW TO SIZE A SOLAR INVERTER<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-start-a-solar-company\/\">HOW TO START A SOLAR COMPANY \u2013 do these 6 things and make money through solar<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-identify-fake-solar-products\/\">How to Identify Fake Solar Products<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/solar-panel-losses-all-you-need-to-know-tips-on-how-to-avoid-them\/\">SOLAR PANEL LOSSES: All you Need to Know + Tips on how to avoid them<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/solar-pv-module-manufacturing-process-explained-from-solar-cells-to-solar-panel\/\">SOLAR PV MODULE MANUFACTURING PROCESS EXPLAINED \u2013 from solar cells to solar panel<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/10-surprising-ways-solar-energy-can-save-you-money-today\/\">10 Surprising Ways Solar Energy Can Save You Money Today!<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/opportunities-for-solar-energy-development-in-europe\/\">Opportunities for Solar Energy Development in Europe<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/free-tools-to-use-for-solar-panel-tilt-angle-calculation-and-installation-for-any-location\/\">FREE TOOLS to use for Solar Panel Tilt Angle Calculation and Installation \u2013 for any location<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-solar-panels-can-increase-your-home-value\/\">How Solar Panels Can Increase Your Home Value<\/a><span contenteditable=\"false\" style=\"color: var(--body-fcolor); font-family: var(--body-family); font-size: var(--body-fsize); font-style: var(--body-font-style); font-weight: var(--body-fweight); letter-spacing: var(--body-letter-spacing); text-transform: var(--body-transform); pointer-events: none; user-select: none;\"><\/span><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-identify-fake-solar-products\/\">HOW TO IDENTIFY FAKE SOLAR PRODUCTS \u2013 6 things to check<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/some-examples-of-where-people-have-fallen-victim-to-fake-solar-products\/\">Some Examples of where People have Fallen Victim to Fake Solar Products<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/how-to-choose-solar-panel-brands\/\">How to Choose Solar Panel Brands<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/top-10-solar-panel-companies-driving-the-renewable-energy-revolution\/\">Top 10 Solar Panel Companies Driving the Renewable Energy Revolution<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/best-solar-cell-efficiency-chart-national-renewable-energy-laboratorynrel\/\">Best Solar Cell Efficiency Chart \u2013 National Renewable Energy Laboratory(NREL)<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/solar-panel-frequently-asked-questionsfaqs-solar-panel-faqs\/\">Solar Panel Frequently Asked Questions(FAQs) \u2013 solar panel FAQs<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/20-interesting-facts-about-solar-energy-you-probably-dont-know-them\/\">20 INTERESTING FACTS ABOUT SOLAR ENERGY \u2013 you probably don\u2019t know them<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/all-you-need-to-know-about-solar-fires-causes-and-preventative-measures\/\">All You Need To Know About Solar Fires: Causes and Preventative Measures<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/solareyesinternational.com\/harnessing-the-power-of-darkness-a-breakthrough-in-night-time-solar-energy\/\">Harnessing the Power of Darkness: A Breakthrough in \u2018Night-Time Solar\u2019 Energy<\/a><span contenteditable=\"false\" style=\"pointer-events:none;user-select:none;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;\"><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>d.light Secures $125m Funding to Solve Africa&#8217;s Energy Access Challenge<\/p>\n","protected":false},"author":1,"featured_media":9044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1566,2996,2995,2994,2998,1031,97,103,312,104,2997],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/solareyesinternational.com\/wp-content\/uploads\/2023\/08\/d.light-Secures-125m-Funding-to-Solve-Africas-Energy-Access-Challenge.png","_links":{"self":[{"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/posts\/9043"}],"collection":[{"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/comments?post=9043"}],"version-history":[{"count":2,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/posts\/9043\/revisions"}],"predecessor-version":[{"id":9046,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/posts\/9043\/revisions\/9046"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/media\/9044"}],"wp:attachment":[{"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/media?parent=9043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/categories?post=9043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/solareyesinternational.com\/wp-json\/wp\/v2\/tags?post=9043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}