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Why this partnership?
In order to achieve universal energy access, more operators must have access to financing. However, distributors struggle to forecast ability to pay and repayment rates, and investors are therefore unable to forecast cash flows due to the variance in PAYGo repayment trajectories. This creates a bottleneck in funding and growth.
Solaris Offgrid and Nithio’s innovative partnership provides granular data on portfolio risk and therefore drives investment.
“We are thrilled to partner with Solaris Offgrid to bring an innovative data-driven risk assessment to off-grid energy operators and investors in order to expand financing. The Solaris team is an industry leader in providing impactful technology solutions to drive energy access in Africa”
— Héla Cheikhrouhou, Nithio’s CEO
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