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2 clusters · 8 sources · 6 days · First seen · Last updated

Investment in Zambian agriculture and solar energy

Overview

Investment initiatives in Zambia are targeting agricultural infrastructure and energy access. Inside Capital Partners has invested in Wuchi Wami to scale processing for Miombo honey and integrate rural smallholder beekeepers into formal supply chains.

In the energy sector, Acumen’s Hardest-to-Reach (H2R) Catalyze initiative has provided a $5 million equity investment to Sun King’s Zambian subsidiary. This represents the first time Sun King has taken equity directly into a country-level business. The capital is intended to fund a nationwide rollout of off-grid solar solutions, including lighting, phone charging, and inverter systems for homes, schools, and health centers. Using a pay-as-you-go model, the initiative aims to help provide electricity access to up to 4.5 million people in Zambia over the next five years, addressing significant gaps in rural and national energy availability.

Entities

Zambia · Acumen · Sun King · Inside Capital Partners · Wuchi Wami

Timeline

  1. [BUSINESS] 6 sources
    Sun King receives $5 million investment for Zambia solar expansion

    Acumen has invested $5 million in Sun King’s Zambian subsidiary to expand off-grid solar access, aiming to reach 5.6 million people over five years through decentralized energy solutions.

  2. [BUSINESS] 2 sources
    Zambian businesses receive investments for honey production and solar energy

    Inside Capital Partners is backing Zambian honey producer Wuchi Wami, while Acumen has invested $5 million in Sun King to expand off-grid solar access across Zambia.

Sources

africa.com · ecofinagency.com · efficacynews.africa · innovation-village.com · mercomindia.com · primanews.org · techinafrica.com · voeazul.com.br