d.light Secures $176 Million to Expand Affordable Off-Grid Solar in East Africa
Tech In Africa | Grace Ashiru - Jul 30, 2024
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d.lightKenyaTanzaniaUgandaAfrican Frontier Capital
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  • d.light announces closure of new securitisation facility
  • Facility will acquire receivables amounting to USD$176 million from Kenya, Tanzania, and Uganda
  • African Frontier Capital provides new financing
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The closure of the new securitisation facility by d.light is a positive development as it will enable the company to expand its PayGo consumer loan program and provide green energy access to millions of low-income households in Kenya, Tanzania, and Uganda. This will not only improve the quality of life for these communities but also contribute to sustainable development in the region.
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