Energy Access Ventures (EAV) has announced a follow-on investment in Solarise Africa, a pan-African clean energy leasing company.

The round was led by French development finance institution, Proparco, which invested the USD equivalent of €4 million in quasi-equity through the AFD Group EU-funded African Renewable Energy Scale-Up facility, alongside existing investors, EAV and EDFI ElectriFI, an EU-funded impact investment facility.

Solarise Africa provides financing solutions ...