United Kingdom, Africa, Renewables
Could renewables crowdfunding assist “unplugged” Africa?
Could renewables crowdfunding assist “unplugged” Africa? Over 640 million Africans have no access to energy, which means over 60 percent of population. At the same time, the continent has abundant renewable energy sources that could fuel its energy revolution.
Social, green, but primarily as an investment: all the features of energy crowdfunding
Social, green, but primarily as an investment: all the features of energy crowdfunding There are three ways a crowdfunding project can be financed. Lending: the entrepreneurs borrow money and pay interest; equity: investors in the project become its shareholders; donations: no reward is to be expected (there is a fourth way, a mix of equity and lending called “hybrid”).