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Raise Lens

Zafiri – Distributed Renewable Energy Fund Grant

Bank

A bank based in Mauritius

In context

This call is open to startups, small and medium-sized businesses and large companies and 1 other, at seed stage, Series A and Series B and growth stage. Funding is an equity investment of Up to $176,000,000. Coverage is read from the notice itself: Subsaharan-Africa.

Summary

Zafiri channels long-term equity investment into private sector distributed renewable energy companies across Sub-Saharan Africa. The fund targets DRE businesses seeking growth capital to expand clean energy access in underserved markets.

Summary by Raise Lens from the official notice · 5 Oct 2026Accurate?

About this grant

Zafiri is a funder Group vehicle that channels long-term equity into private sector distributed renewable energy (DRE) companies across Sub-Saharan Africa, with a USD 176 million commercial launch.

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Frequently asked questions

How much funding does this grant offer?
Zafiri – Distributed Renewable Energy Fund offers up to $176M.
Who can apply for Zafiri – Distributed Renewable Energy Fund?
Eligibility covers organisations in SUBSAHARAN-AFRICA; startup, sme, large-company, social-enterprise. The full eligibility conditions are part of the Pro detail.

Relevant sectors