The Buksh Foundation is a young, up-and-coming microfinance institution based in Lahore, Pakistan. In 2010, the organization piloted a clean energy loan program to help business clients better cope with Pakistan’s escalating electricity crisis. In this episode, CEO Fiza Farhan discusses the MFI’s vision of expanding energy access, and the diverse activities – including product design – that it engages in to realize it.
SolarNow Closes Equity Funding Round with Novastar Ventures & Acumen
€2 million equity investment lays groundwork for scaling renewable energy asset finance and distribution in East Africa SolarNow, the Uganda-based solar asset finance company, has closed its most recent equity round, raising €2 million from Novastar Ventures and Acumen, to help meet massive demand for high-quality solar technology in East Africa.