KawiSafi Ventures was created to unlock the potential of renewable off-grid energy as a faster, cheaper, and cleaner way to bring power to Africa’s energy-poor communities than extending the grid. Its aim is to deliver clean, affordable energy to more than 10 million people in East Africa, … read moreat least half of whom are low-income, and displace more than a million tons of carbon; contributing to solving energy poverty while helping to avert the long-term climate crisis.
The Fund was created and developed by Acumen, an internationally recognized pioneer of impact investing that has invested more than $115 million in companies solving some of the biggest challenges of global poverty. After a decade of investing more than $20 million of patient capital across the off-grid ecosystem, Acumen recognized the powerful potential of decentralized renewable energy solutions, both in terms of investment and impact.