Bamboo Capital Partners, the impact investing platform, has been appointed by the government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund (OMDF), a $40 million renewable energy access fund.

OMDF was established in April and launches its financing operations with a first window for proposals for results-based financing (RBF) from 28 October to 8 December. In parallel, OMDF will also provide debt financing to solar distributo...