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Innovative Financing Models for Scaling RenewableEnergy Projects in Africa: A Case Study onCrowdfunding and Blended FinanceBy Alex Tamunomiegbam, Washima Mede, Engr Timi Akinsonji, Engr Terkuma Ivande, Adesinaayo Adeyeye, Samuel Ufomba
Abstract: Africa’s energy industry stands at a pivotal moment, possessing plentiful renewable resources yet lacking adequate financing solutions to realize their potential. More than 600 million Africans still lack electricity access and conventional financing approaches, like government subsidies, donor funding, and bank loans, frequently fall short or are unreachable because of high risks, low investor trust, and poor regulatory conditions. Thus, innovative funding models are crucial to close the gap between …
Published in International Journal of Renewable Energy and its Commercialization · Vol. 11, Issue 2, 2025 · pp. 50–54 Read article →