The Africa Minigrid Developers Association (AMDA), represented by Chief Executive Officer, Jessica Stephens, and the Common Market for Eastern and Southern Africa (COMESA) represented by the Secretary General, Ms Chileshe Mpundu Kapwepwe, signed a Memorandum of Understanding between the two organizations.
In 3 years, nearly 25,000 people have benefited from this rural electrification project. The project was carried out by the company Welight Madagascar, which relied heavily on solar energy.
At least 12 solar kit providers are now benefiting from a grant programme recently launched by the Off-Grid Market Development Fund (OMDF). The fund launched by the Malagasy government in partnership with the World Bank is making a total of $2.5 million available to these companies.
UK battery developer Aceleron has partnered with Malagasy solar start-up Jirogasy to provide solar-powered laptops to school children in Madagascar.
A combined $1.2 million in grant funding to develop mini-grids that will bring electricity to more than 5,200 rural homes and businesses was awarded to three companies in Madagascar.
Bamboo Capital Partners (Bamboo), the impact investing platform, has been appointed by the government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund (OMDF), a $40 million renewable energy access fund.
French start-up Masacara Renwable Water, specialized in the supply of containerized desalination systems using solar energy, has just joined forces with energy company Mada Green Power to supply drinking water in the arid zones of Madagascar.
The Universal Energy Facility, a results-based financing facility managed by Sustainable Energy for All (SEforALL), is now open with its first wave devoted to supporting mini-grid deployment in Sierra Leone and Madagascar.