Solarise raises $33.4m to expand in Kenya, other African countries

Energy services company Solarise Africa has signed a $33.4-million multi-country commercial and industrial facility with the Facility for Energy Inclusion (FEI) to obtain the necessary funding and flexibility to substantially expand its portfolio in Kenya and other selected African countries. “Throughout 2022, we have significantly grown our footprint and portfolio, and, with this new loan, we will be able to catapult our efforts to advance renewable energy adoption in Africa,” says Solarise Africa CEO and co-founder Jan Albert Valk.