FMO prepares $80 million financing for Solarcentury Africa to boost renewable energy in Southern Africa

The Dutch Entrepreneurial Development Bank (FMO) is preparing to provide up to $80 million in financing to Solarcentury Africa Limited , supporting the expansion of solar energy projects across Zambia, Namibia, and Botswana. The investment is expected to strengthen electricity supply, diversify the region’s energy mix, and accelerate Southern Africa’s clean energy transition. Financing Structure The proposed package includes two components: $40 million refinancing facility for Solarcentury Afric