Hardest-to-Reach
Delivering off-grid solar to Africa’s underserved communities.
- Program
- Renewable energy
- Sub-Saharan Africa H2R
By the numbers
The latest on Hardest-to-Reach
Acumen secures over $245 million to scale clean energy in Africa
Driving energy access in underserved markets through blended capital.
Investee spotlight: Yellow Malawi
Maya Khonje Stewart, co-founder of Yellow Malawi, is redefining energy access in her country. Her story is featured in Humanising Energy, a BBC StoryWorks series, in a film produced for Acumen.
H2R Catalyze
Catalytic capital to build up nascent markets, helping companies enter or expand in underserved regions. H2R Catalyze uses a tailored mix of equity, debt, and grants to unlock early growth, drive commercial sustainability, support new models, and build the foundations for long-term impact.
H2R Amplify
Targeted debt capital to help companies deepen their reach within H2R markets and deliver impact at scale. H2R Amplify bridges critical financing gaps, providing larger ticket sizes to enable scale-up of delivery, and using instruments such as impact-linked debt to incentivize a focus on communities most at risk of being left behind.
Who we invest in
H2R invests in companies across the off-grid energy value chain, catalyzing new market entrants and scaling proven energy solutions. Our portfolio includes:
Off-grid solar distributors, including local enterprises, bring developed distribution networks and context-specific knowledge. Supporting these companies is critical for accessing last-mile customers.
Established businesses that manufacture and distribute off-grid solar products play a key role in scaling up clean energy delivery in underserved markets, as well as driving the most effective practices.
Mini-grids and other decentralized energy technologies are part of the solution towards SDG 7, providing reliable, affordable energy that can power economic growth, support livelihoods, and respond to evolving market needs and use cases.
Our partners
H2R Amplify:
H2R Catalyze:
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