https://www.engineeringnews.co.za
Africa|Business|Energy|PROJECT|Solar|Solutions|Operations
Africa|Business|Energy|PROJECT|Solar|Solutions|Operations
africa|business|energy|project|solar|solutions|operations

DBSA partners with Apalia24 on DRC off-grid pilot project

4th July 2019

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

The Development Bank of Southern Africa (DBSA) has committed $2.25-million in project preparation funding to Mauritius-based off-grid energy and media company Apalia24.

Apalia24 is involved with bundling solar photovoltaic solutions, pay-go technologies, digital broadcasting and solar television to empower Africa, with the Democratic Republic of Congo (DRC) its first country of deployment.

The company intends to use the funding to boost Africa’s domestic electricity access by accelerating the adoption of affordable off-grid solar solutions, including FM radio and digital television, aimed at millions of unserved populations in remote African communities.

DBSA project preparation group executive Mohale Rakgate on Thursday said the investment comprised a structured project preparation facility that would allow Apalia24 to strengthen its operations and start with the implementation of its innovative business model through a pilot over the next 12 months.

“Together, we aim to connect 5 000 households initially in preselected off-grid cities in the DRC. This convertible facility will anchor DBSA as a long-term partner with Apalia24.

“DBSA is committed to supporting this African-owned project through their development efforts in scaling up this highly developmentally focused twenty-first-century off-grid solution. This investment is the first of its kind for the bank in the DRC, emphasising the bank’s strategy toward impact investments in Africa,” he said.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Array

Showroom

Actom image
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/04/2024)
12th April 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.079 0.139s - 179pq - 2rq
Subscribe Now