NewzAfrica GreenCo, a regional energy trader and intermediary off-taker in Africa, has secured an additional investment of USD 11.5 million from current shareholders, the Private Infrastructure Development Group (PIDG) and Impact Fund Denmark (IFDK), formerly known as IFU.
The funding initiative also involves Sanlam, joining alongside PIDB and IFDK to support Africa GreenCo's renewable energy platform.
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