DFC, Shell Foundation partner to improve renewable energy uptake in low-income communities in Africa and Asia

The US International Development Finance Corporation and Shell Foundation have announced a new collaboration that will promote renewable energy uptake in low-income areas of Africa and Asia. The collaboration aims to improve gender inclusion and bring affordable renewable energy to more than 5 million people in these regions. According to the MoU signed between the two organisations, the collaboration will support the growth of social enterprises that deliver essential renewable energy services in off-grid and remote regions. It will address the issue of finance for innovative small- and medium-sized enterprises, especially those owned by women.


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