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Shell-founded startup fund receives $13 million from Canadian DFI to accelerate clean energy access in Africa

TechCrunch

The $120 million EEGF, which was founded in 2019 by the Shell Foundation — and co-funded by UKaid and the Dutch Entrepreneurial Development Bank FMO, extends financing in the form of debt (catalytic or mezzanine) or equity to businesses in the energy sector.

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