Shell Foundation, Rockefeller to support $11bn African mini-grids fund
Plans have been concluded by the continent’s first mini-grid financing facility, Crossboundary Energy Access, to unlock $11 billion in private capital to bring energy to 100 million people in sub-Saharan Africa. Fundraising has proven difficult to date, with the CBEA pointing out solar mini-grids, like all energy projects require a significant upfront investment and yield…