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Rural solar energy initiative gets Sh56.6 million financing boost

photo:courtesy

The rural roll-out of solar power in Kenya is set to accelerate with the announcement of a new $550,000 (Sh56.6 million) innovative financing deal.

Finance platform Lendable has secured the debt financing for Raj Ushanga House (RUH), the Kenyan distributor for Azuri Technologies, which is a provider of Pay-as-you-go (PayGo) solar energy solutions.

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