Low-cost renewable projects expand in Africa despite financing challenges
- Clean energy entrepreneur raised $70 million for solar microgrids in Congo.
- Goal is to prove clean energy investments in poor nations can be profitable.
- Funding comes at high interest rate, highlighting need for better loans.
- Projects booming globally but lack of financing an issue in poor countries.
- With new financing, company plans major expansion of microgrids in Congo.
Boston Globe 
