by Elva Montelongo -

MICROCAPITAL BRIEF: TASC Borrows $3.5m from Spark+ Africa to Fund 90k Cookstoves, Reduce Carbon Emissions in Rural Zambia

Spark+ Africa Fund, a partnership of Switzerland-based Enabling Qapital and the Dutch NGO Stichting Modern Cooking (SMC), recently lent USD 3.5 million to The African Stove Company (TASC), which is based in Jersey, to sell 90,000 cookstoves in rural Zambia. Spark+ Africa raised the funds from the sale of “several million tons

by Renata Samadova -

MICROCAPITAL BRIEF: Bidhaa Sasa Borrows $500k from Spark+ Africa Fund for Distribution of Efficient Cookstoves in Kenya, Uganda

Bidhaa Sasa, a Kenya-based last-mile distributor of lower-emission cooking and lighting products, recently borrowed USD 500,000 from Spark+ Africa Fund, an investor in “modern energy solutions.” Bidhaa Sasa plans to use the proceeds to

by Adhya Singh -

MICROCAPITAL BRIEF: Spark+Africa Fund Raises $40m in Equity from Public, Private Investors for Clean Cookstove Industry in Sub-Saharan Africa

The Spark+Africa Fund, an investor in cookstoves that create less pollution and use less fuel, recently launched with a total of USD 40 million invested by 12 organizations. Spark+ invests across the value chain for