||A German finance facility is making results-based financing available to a mini-grid developer to expand their work in Mali.
CEI Africa will award a results-based financing grant for up to $1,886,700 to WeLight to densify and construct mini-grids in rural communities in Mali.
The grant will support the densification of five mini-grids and the construction of nine mini-grids. This should result in around 35,000 individuals gaining access to renewable and productive electricity.
Furthermore, WeLight will build on its experience providing energy access in Madagascar to electrify between 50 and 70 villages over the next two years.
Malawi faces considerable electrification challenges, especially in the remote rural areas which are off the main grid. The World Banks most recent data suggests that Malis rural electrification rate was at 18.3% in 2021, while urban electrification was at 99.9%.
CEI Africas figures suggest that 53.4% of Malis population lacks energy access.
WeLight started working in Mali in 2021, installing five solar mini-grids which created 1,000 connections. On the back of that positive development, this new results-based financing project should create more than 3,500 new connections.
The developer will foster productive use of energy services tailored to the specific needs of residents and individual villages. They will emphasise rural entrepreneurial developments.
These services span anything from powering schools and public services to refrigeration, productive agricultural services, small-scale industries, eateries and other utilities.