Nefco
Nefco is an international financial institution that finances the initial scale-up of Nordic green solutions on international markets. Nefco has financed and implemented over 1,500 projects in energy efficiency, renewable energy, clean water and sanitation, waste management, and cleaner industrial processes, among others. Their task is to accelerate the shift to green by financing the initial scale-up of Nordic environmentally and climate-friendly solutions in international markets.
Past deals in Zambia
RDG Collective
Debt Financing in 2022
RDG Collective was established in 2018 with the ambition to ‘Empower the Future’ by developing and distributing innovative solar home systems throughout Zambia, where an estimated 2.4 million households still lack access to electricity. While the cost of solar energy remained prohibitively high for almost all off-grid households, RDG Collective came up with innovative products distributed on a pay-as-you-go basis. By eliminating this financial barrier, RDG has enabled an increasing number of Zambian households to access solar home systems, refrigerators, solar water pumps and smartphones to improve and empower their lives.
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