Crowdfunding platforms Lendahand and Energise Africa and the Foundation for Clean Energy and Energy Inclusion for Africa (CEI Africa) today announced that they have entered into agreements for clean energy investing. Under the Framework Agreements, Lendahand and Energise Africa can access a credit facility of EUR 3 million each to co-finance qualified companies alongside European retail investors who invest via Lendahand’s and Energise Africa’s platforms. This collaboration aims to strengthen Lendahand’s and Energise Africa’s joint capacity to invest in the African off-grid energy sector through de-risking projects for retail investors and the provision of a Technical Assistance grant.

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