Jumanne, 21 Aprili 2026Teknolojia, kampuni changa na mitaji ya kimataifa — kwa Waafrika.
WeLight provides solar energy in Madagascar.
Auto-discovered — editorial review pending
WeLight, a solar energy provider in Madagascar, has raised $20.5 million in funding from The European Investment Bank (EIB), Triodos Investment Management, and the EU’s Electrification Financing Initiative (EDFI). The Madagascar-based electricity access provider, which is the result of a collaboration between Axian Group, Sagemcom, and the Norwegian Investment Fund for Developing Countries (NORFUND), will also receive €9 million from its stakeholders. The investment will be used to fund a €28 million electrification project that will deploy solar mini-grids to power 120 settlements across the country.
| Date | Round | Amount | Lead |
|---|---|---|---|
| 17 Apr 2023 | $20.5M | — | |
| 20 Jan 2023 | $20.5M | — |
