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  • The 'Data-Driven Energy Access for Africa' instrument, developed by Nithio, is a financial intermediary that uses AI and geospatial data to provide loans to solar distributors in Sub-Saharan Africa. By standardizing credit risk analysis, the instrument aims to expand financing beyond the largest operators to reach smaller, local distributors and last-mile customers, ultimately targeting the deployment of USD 500 million in loans by 2029.

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    This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

    Themes: energy accessoff-grid solarblended financesub-saharan africaai in finance
    Climate Policy Initiative

    Document type: Report

    Regions: sub-Saharan AfricaNigeriaKenyaUganda
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