The Brief: Proof points for Africa’s solar market, home solar in the DRC, sustainable food and agtech, Revolution Acceleration SPAC, lessons in impact management

, The Brief: Proof points for Africa’s solar market, home solar in the DRC, sustainable food and agtech, Revolution Acceleration SPAC, lessons in impact management, TheCircularEconomy.com
CrossBoundary Energy’s fund exit is a proof point for Africa’s commercial solar market – and catalytic capital. An African solar energy fund that only five years ago appeared too risky even for impact investors has delivered, yes, impact – and a hefty return. CrossBoundary Energy has sold its 40-megawatt off-grid solar portfolio to ARCH Emerging Markets Partners, giving its investors a full exit and a 15% return. The blended-finance facility also helped unlock financing for a fast-growing sector of Africa’s energy market: rooftop solar for commercial and industrial users.

Read the full article at: impactalpha.com

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