Pan-African rural electrification platform WeLight has raised EUR 27 million (USD 31m) in a capital hike, which has allowed the International Finance Corporation (IFC) to join AXIAN, Norfund and Sagemcom among its shareholders.

WeLight, the operator of more solar mini-grids across Africa than any other company, has secured a strategic investment from the...

Pan-African rural electrification platform WeLight has raised EUR 27 million (USD 31m) in a capital hike, which has allowed the International Finance Corporation (IFC) to join…