Africa: Subsidise Solar Mini-Grids to Power Rural Africa, Investors Urge

Barcelona — Solar mini-grids have huge potential to electrify rural areas in developing nations, but the risks are still too high for private capital

Local renewable-energy grids can provide electric power to hundreds of millions of people in developing nations, especially in Africa, but will not attract enough financial backing unless they are subsidised, a group of investors said on Monday.

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