5 February 2021 |Today, nearly 1.1 billion people around the globe still have no access to electricity1. In sub-Saharan Africa, electricity reaches only about half of the population2, which hampers social and economic development, affects resilience, and often harms the environment.
Connecting people to the grid, especially those living in rural and remote areas, is considered difficult due to the high costs it implies. Fortunately, small scale off-grid technologies offer potential solutions. They can be deployed more rapidly and are often the most appropriate and affordable option to meet customer needs.
Despite promising technologies, there is a persistent mismatch between those who need and those who provide financing2. Many entrepreneurs are looking for opportunities to scale-up their solutions but face major hurdles when accessing finance.
GET.invest supports entrepreneurs in overcoming these hurdles. Through our advisory facility, the Finance Catalyst, GET.invest provides a range of services that help projects and businesses become bankable, and links them to finance opportunities. Our advisors work with innovative businesses and projects, covering various investment sizes, market segments, and stages of development.