Zafiri launches $176 million platform to expand renewable energy access in Africa

A coalition of development finance institutions (DFIs), philanthropic organizations, and private-sector investors has officially launched Zafiri, a $176 million blended-finance platform designed to accelerate electricity access across sub-Saharan Africa. The permanent-capital vehicle will provide long-term equity financing to distributed renewable energy (DRE) businesses, addressing one of the most significant financing gaps in Africa’s energy transition. Purpose and Focus Zafiri will deliver pa