AFRIGREEN reaches final closing at €100 million

February 13, 2025

ECHOSYS INVEST is proud to have successfully raised the AFRIGREEN DEBT IMPACT FUND to the €100 million target in partnership with RGREEN INVEST.

We are deeply honored by the trust of our investors and excited to expand our capital deployment in Africa AFRIGREEN’s initial investments have confirmed the growing demand for capital among project developers and operators who are successfully persuading C&I companies in Africa to transition to solar power through power purchase agreements, leasing or self-consumption.

These investments have also highlighted a significant pipeline of utility-scale projects under 30 MW that are ready to connect to national grids without requiring major transmission upgrades. With the right project finance solutions implemented swiftly and pragmatically, construction can begin immediately. This is precisely what we aim to achieve with AFRIGREEN.

Echosys picto Latest news

AFRIGREEN contributes to the AFSIA Africa Solar Outlook 2026

  • January 15, 2026

The AFRIGREEN team is proud to have contributed to the AFSIA Africa Solar Outlook 2026, a flagship publication covering all 54 African countries. This study has become an essential reference for governments, investors, energy providers, and private-sector stakeholders shaping energy policies and investment decisions across the continent. The 2026 edition highlights that solar deployment in […]

AFRIGREEN signs €15 million financing agreement with SolarX to support deployment of solar projects in West Africa

  • November 19, 2025

AFRIGREEN Debt Impact Fund, managed by RGREEN INVEST and advised by ECHOSYS INVEST, has entered into a new a €15 million senior secured financing facility with SolarX, a company founded by Karim Ghammache and supported by E3 Capital, FMO – Dutch entrepreneurial development bank, Proparco and Triple Jump. This financing aims to accelerate the deployment […]

AFRIGREEN reaches final closing at €100 million

  • February 13, 2025

ECHOSYS INVEST is proud to have successfully raised the AFRIGREEN DEBT IMPACT FUND to the €100 million target in partnership with RGREEN INVEST. We are deeply honored by the trust of our investors and excited to expand our capital deployment in Africa AFRIGREEN’s initial investments have confirmed the growing demand for capital among project developers […]