Renewables in Africa Joins Forces with LendForGood to Empower Impact Enterprises in Africa

Press Release

For Immediate Release

Renewables in Africa Joins Forces with LendForGood to Empower Impact Enterprises in Africa

Brentwood, 30th November 2023 – Renewables in Africa (RiA) , a leading Virtual Media platform dedicated to raising awareness about renewable energy in Africa and globally, is proud to announce its new partnership with LendForGood , an innovative crowdlending platform with a focus on social and environmental impact. This collaboration marks a significant step towards bridging the funding gap for impact enterprises in Africa, particularly in the renewable energy sector.

About LendForGood

LendForGood, a joint venture between Red Hat Impact and StartSomeGood, is revolutionizing the way impact enterprises access capital. Recognizing the challenges faced by emerging businesses in obtaining affordable capital for development and growth, LendForGood provides a crowd-lending marketplace. This platform enables individuals to lend capital to enterprises tackling social and environmental challenges, with each deal being endorsed by vetted partners.

LendForGood's Mission and Impact

LendForGood's mission is to nurture impact enterprises worldwide, aiming to catalyze transformative change. By addressing the 'missing middle' in funding, LendForGood empowers enterprises to access the right capital at critical growth stages, thereby enhancing their capability to deliver real and valuable impact.

Renewables in Africa's Role as an Intermediary Partner

Renewables in Africa, with its commitment to electrify the continent by 2040 through clean energy, is ideally positioned as an intermediary partner for LendForGood. The partnership aligns with RiA's vision of supporting clean energy companies and organizations in their growth trajectory.

A Statement from LendForGood

Cameron Neil, Co-Founder and Director of LendForGood, expressed his enthusiasm for the partnership: "We are excited to welcome Renewables in Africa as an intermediary on our crowd impact lending platform. The renewable energy sector in Africa is ripe with courageous impact founders who need accessible capital to realize their vision. We look forward to collaborating with RiA in this endeavor."

Renewables in Africa's Commitment

Tony Tiyou, CEO of Renewables in Africa, remarked, "Joining LendForGood as an intermediary partner is a monumental step for us. It complements our mission to not only raise awareness but also facilitate capital investment in the clean energy sector. This partnership is a stride towards our vision of a fully electrified Africa through impact investment."

A Bright Future Ahead

This partnership between Renewables in Africa and LendForGood is more than just a collaboration; it's a commitment to empowering sustainable change in Africa. By facilitating access to essential capital, RiA and LendForGood are setting the stage for a future where impact enterprises thrive and lead the way in sustainable development.

Contact Information:

For any information, do reach out to:

Tony Tiyou

CEO, Renewables in Africa

[email protected]

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Oluoch Were

COO, Renewables in Africa

[email protected]