SunFunder last week disbursed a new $2 million loan to Winch Energy for the construction of 25 mini-grids in northern Uganda.

It is part of the UK-based mini-grid developer’s new limited-recourse financing platform Winch Energy IPP Holdings, established with NEoT Offgrid Africa.

The loan will finance part of the construction of the rural electrification projects in Uganda’s northern Lamwo region, which borders South Sudan.

Rim Azirar, senior investment officer at SunF...