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SunCulture

Country
Ivory Coast
Technology
Other
Business model
Productive Use

EDFI ElectriFI invested USD 3m to support SunCulture efforts to tackle the irrigation gap with solar power in Kenya and Ivory Coast.

Contract signature date: November 2022

Total ElectriFI financing:  USD 3M

Environmental and Social Category: C
(A) high risk, (B+) medium high risk, (B) medium risk or (C) low risk

About the project:

EDFI ElectriFI contributes to a USD 10m mezzanine debt investment alongside EEGF and ARAF to enabling SunCulture to strengthen its operations in Kenya and start sales in Côte d’Ivoire. The debt will provide a runway for the company to prepare and execute its Series B equity investment.

Investment disclosure

Learn more on: https://sunculture.io/

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