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Financing Source: Spark+ Africa Fund

From energypedia

Last edited on 25/07/2023 by Chinwendu Obed
(Date format: DD/MM/YYYY)

Key facts
Invests either debt or mezzanine capital, and in select instances, equity investment, tickets ranging from $500,000 to $7 million in companies that have commercialized their product or service and have traction in their market(s). Invests in designers, manufacturers, distributors, and retailers of cooking solutions in Africa. We also invest in microfinance institutions, solar home system / connected asset finance companies, mini-grid operators, multi-product last-mile distributors, SaaS and IoT
Type of financing
  • Grant
  • Equity
Technology scope
  • SHS
  • Minigrid
  • Other
Target beneficiaries
Early-stage, SME
Geographical scope
Sub-Saharan Africa
Application
Rolling basis
URL
Further information