Gaia Impact Fund has announced an equity investment in Nuru, a mini-grid developer and operator in the Democratic Republic of Congo (DRC).

Nuru, which recently commissioned a 1.3MW mini-grid in Goma, DRC, aims to provide electricity to 5 million people by 2024 through solar hybrid mini-grids. The DRC represents more than half of the population of Central Africa and has also one of the lowest electrification rates, at just 15%.

Gaia Impact Fund is a French impact fund dedicated t...