ElectriFI supports 60,000 households with investment in Moon Togo

ElectriFI funds Moon Togo to accelerate rural electrification. This project aims to reach 60,000 households by integrating sustainable solar solutions and reducing electricity access disparities.

Share:

The ElectriFI initiative, managed by EDFI Management Company, represents a significant advancement for rural electrification in Togo. With substantial financing, Moon Togo plans to expand its network to 15 additional prefectures, directly impacting 60,000 households with access to off-grid solar energy.

Currently, only 25% of rural inhabitants in Togo have access to electricity, compared to a national average of 57.2%, according to the World Bank. This strategic investment aims to bridge this gap by deploying adaptable and sustainable solar solutions.

An inclusive economic model

Moon Togo, operating under the government’s CIZO program, offers accessible energy systems through flexible payment methods and community integration. By promoting local job creation and recycling end-of-life solar equipment, the company combines economic efficiency with environmental sustainability.

Addressing regional energy challenges

In sub-Saharan Africa, nearly 570 million people still lack reliable access to electricity. Off-grid solar energy is emerging as a key solution to this challenge. With this investment, ElectriFI supports an initiative capable of positively influencing the region’s energy future.

Rodrigo Madrazo Garcia de Lomana, CEO of EDFI Management Company, praised this model: “We believe this approach has the potential to transform lives and become a global benchmark.”

A strategic public-private partnership

Launched in 2017 by the Togolese government, the CIZO program remains a flagship initiative in rural electrification. It aims to provide solar home systems to 2 million citizens by 2025. Moon Togo’s commitment, supported by ElectriFI, aligns the private sector with governmental objectives, creating a sustainable impact on the ground.

Improving access to electricity is also seen as a driver of economic growth for rural communities, opening opportunities in sectors such as education, healthcare, and entrepreneurship.

Facing chronic power outages, South African households are increasingly turning to solar self-generation, jeopardizing Eskom's pricing model and widening energy-access inequalities between affluent neighborhoods and disadvantaged areas.
Sol Systems has secured a $675mn credit facility to accelerate the development of 500 MW of solar and storage projects in Illinois, Ohio and Texas, backed by an international banking consortium.
The rapid rise of solar energy is disrupting Pakistan’s electricity sector, forcing the government to revise its tariff policy and introduce new taxes on solar panel imports.
Sabanci Renewables announces the acquisition of the Texan solar project Pepper from OCI Energy, strengthening its US portfolio to 660 MW and paving the way for an increase to 3 GW by 2030.
The results of recent Polish auctions reveal a predominance of photovoltaic solar, with 178 projects selected and a total capacity of 1.67 GW, while other segments found no takers.
The National Solar Energy Federation, launched on 21 June and formalised on 14 July, brings together installers, equipment suppliers and financiers to defend photovoltaics against political criticism as Paris prepares a new energy roadmap.
A $60mn subordinated loan will speed delivery of equipment for a 223 MWp solar-storage plant serving the Kamoa-Kakula copper complex, deepening the financial partnership between CrossBoundary Energy and Standard Bank South Africa.
New York developer DESRI, together with utility El Paso Electric, starts construction of the 150 MWac Santa Teresa solar complex and its 600 MWh storage system, financed by an international banking consortium.
Renewable developer Geronimo Power begins construction of the 250 MW Portage Solar park, expected to generate more than $100 mn in cumulative economic impact in Wisconsin, according to a news release issued on July 15 by PR Newswire.
African Trade & Investment Development Insurance (ATIDI) provides a liquidity guarantee to the Sokodé solar project, facilitating private financing for a 62 MW plant dedicated to Compagnie Énergie Électrique du Togo.
Three major players commit to developing five solar plants and two wind farms, with commissioning scheduled between 2027 and 2028 as part of Saudi Arabia’s national programme.
SAEL Industries will invest $954mn in a solar factory in Greater Noida, boosting Indian manufacturing capacity and supporting the national strategy to localise photovoltaic component production.
Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.
Arctech Brazil has received FINAME certification from the National Bank for Economic and Social Development, making financing more accessible for its solar trackers and consolidating its role in the Latin American solar market.
Solargik strengthens its presence in Italy with 85 MW of photovoltaic projects, including partnerships with Revalue and Free Ingegneria, to deploy systems on steep and agricultural land previously considered unexploitable.
EDF power solutions commissions two new photovoltaic plants in Moselle, together representing a capacity of 72 MWp, capable of annually supplying electricity equivalent to 36,000 inhabitants, or 30% of the population of Metz.
Solar energy reached a record share of 22.1% in the European electricity mix in June 2025, becoming for the first time the main source of electricity in the European Union, according to a report by think tank Ember.
Abraxas Power Corp. receives unprecedented authorisation from Maldivian authorities to develop a 100 MW solar project within a new special economic zone, targeting energy security and national climate objectives.
GreenYellow and Meaders Feeds Ltd finalise a second 1.8 MWp solar project under the Carbon Neutral Industrial Sector Scheme aimed at decarbonising the Mauritian industrial sector.
The Lime Kiln project, developed by Chaberton Energy and Pivot Energy, will provide renewable energy to 500 homes and businesses in Maryland, while reducing greenhouse gas emissions.