Dossier
D.light
Coverage of D.light in the Nexus archive.
- Africa’s off-grid solar sector courts mainstream investors with landmark financing deals
Africa’s off-grid solar sector is attracting mainstream investors through landmark financing deals by D.light and Sun King, using green bonds and securitized debt to fund solar installations. These deals test whether institutional investors will support pay-as-you-go (PAYGo) business models on a commercial scale, potentially shifting funding sources from donor agencies to private capital.