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Nithio is an AI-enabled energy financing platform whose mission is to standardise credit risk assessments and therefore drive more capital into the renewable energy sector, including by investing directly and efficiently into off-grid solar companies. Nithio FI leverages credit risk assessments and cash flow forecasts data to inform its investment decisions, directing capital to scalable, sustainable solutions to Africa’s renewable energy access challenge.
Tagline
AI-driven platform providing financing for clean energy companies reaching low-income households
Sector
Climate and digital finance
Location
In portfolio since
2021
Our role
Our investment
Purpose and target market
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
FSD Africa contact
Riverside Green Suites (Palm Suite),
Riverside Drive,
Nairobi, Kenya