Sunday, October 4, 2026

19 firms win $1.5 million to boost energy use for small businesses in Africa

Nineteen companies in Ethiopia, Kenya and Nigeria have received $1.5 million in funding to expand access to solar-powered appliances for small businesses and entrepreneurs, in a move aimed at increasing productivity and creating green jobs.

The support was announced in Nairobi on July 6, 2026, through the Productive Use Financing Facility, which is managed by CLASP and backed by the Global Energy Alliance for People and Planet. The funding will help the companies deploy 3,800 productive-use appliances such as solar pumps, refrigeration units and milling equipment.

Five Ethiopian firms, six Kenyan companies and eight Nigerian businesses were selected for the grant. CLASP said the initiative is intended to reduce the high upfront costs that often prevent businesses from adopting energy-efficient equipment.

The organization said improved access to these appliances can help farmers, entrepreneurs and small firms increase income and support local economic growth. It added that the programme is expected to support more than 3,000 green jobs across the three countries.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Ethiopia moves to close the AfCFTA information gap with new trader guide and digital portal

Ethiopian businesses will soon have a clear, practical roadmap...

Hospitals overwhelmed as violence surges across Northern Ethiopia

The humanitarian landscape in northern Ethiopia has suffered a...

African food-system leaders back market-led model to scale agricultural investment

African agriculture does not suffer from a shortage of...

Fine Spinners targets DRC, Zambia and Ethiopia in expansion drive

Fine Spinners Uganda Limited is targeting the Democratic Republic...

Young Men Flee Tigray Amid Fears of Forced Recruitment

Human Rights Watch reported in July that Tigrayan authorities...

African Leaders to Gather In Egypt for Business Summit

African leaders will meet in Egypt on Friday for...
spot_img

Related Articles

Popular Categories

spot_imgspot_img