Energise energy solutions Ethiopia

What is energise Africa?

Energise Africa is a crowdlending platform that allows everyday investors to support clean energy projects in Africa. The platform raises funds for solar-power businesses in Africa to bring affordable clean energy to millions of low-income, off-grid households across the sub-Saharan region.

Is energise Africa a good investment?

This is a high - risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more. The Energise Africa platform raises funds for solar-power businesses in Africa to bring affordable clean energy to households across the sub-Saharan region.

Could Ethiopia be a market for solar pay-as-you-go?

With a population of over 110 million people, and growing per capita electricity consumption, Ethiopia could be a huge market for solar pay-as-you-go, but historically, financial and policy barriers have constrained the expansion of the developing decentralised renewable energy (DRE) sector.

What will energise Africa do after p4g funding?

Following P4G’s funding, Energise Africa plans to seek commercial investment to support the platform’s expansion into south and southeast Asia and to projects in a wider range of SDG-aligned sectors. Don’t invest unless you’re prepared to lose all the money you invest.

Will Ethiopia reach universal energy access by 2025?

Understanding that affordable and reliable access to electricity was essential to reducing poverty and shifting toward higher rates of productivity and industrialization, the Government of Ethiopia committed to reaching universal energy access by 2025.

Does Ethiopia still have a low electricity rate?

However, the household electrification rate remained stubbornly low, at only 20 percent in 2015. With more than 60 million people without access to electricity, Ethiopia still had the second largest energy access defi-cit in Africa.