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Nithio

Renewable energy

Nithio logo
In Portfolio since 2021
4 years
Committed Capital
GBP 3.3m
Location
East & West Africa
Sector
Early-Stage Ventures

An Ai-enabled energy financing platform standardising credit risk assessments to drive more capital into oof-grid solar companies.

Our Investment

GBP 3.3m

Purpose & Target Market

FSDAi’s investment seeks to deploy – and develop at scale – a data-driven receivable finance solution that can set standards for risk/credit assessment in the Pay-As-You-Go off grid sector.
Increasing debt finance and reducing cost to alternative digital finance innovators in the renewable energy space will drive more finance and potential capital market securitisation products for energy access at scale for populations off-the-grid.
Nithio is pleased to partner with FSDAi to ensure that local entrepreneurs are able to access financing to grow their businesses and reach the most remote off-grid households. Kate Steel CEO

Impact to Date

32,445 Metric tons of CO2e emissions avoided

2,485 People with increased access to green productive assets

21 SHS Operators supported by Nithio (through the grant program) with operational and execution improvements, as well as data generation

Investee Contacts

655 15th Street, Suite 800,
Washington, DC 20005,
United States

nithio.com

info@nithio.com

ACV’s impact measurement approach will evolve as we learn more about building businesses in the climate space and partner with new impact investors and actors.


Million
Reduction of 100 million tonnes annually by 2030, at least 30% capture.

Jobs
5000 jobs will be created, protected, and supported with at least 50% women.

Policies
15 Positive policy changes influenced.

 
GBP 34m will be mobilized/catalyzed from the public and private sector for projects designed to address climate change.