Mali Based Energy Raises Over 1 Million In Funding
The consortium of financing partners includes: VentureBuilder, which led the round, a grant from United States African Development Foundation (USADF) and a debt facility from Cordaid Investment Management (Cordaid). Energy+, which was founded in May 2017, will channel the funds towards scaling its off-grid business across Mali, by expanding its “pay-as-you-go” and cash sales offering available through its retail network. The funding will go a long way in ensuring Energy+ is able to expand its services into remote and underserved regions of Mali....