Acumen’s **Hardest-to-Reach Initiative (H2R)** raises its full **$250 million** in blended capital to scale clean energy projects in sub-Saharan Africa. The funding is fully deployed following the completion of the final close by **Amplify**, a key partner in the initiative. The capital combines grants, loans, and equity to support off-grid energy solutions for underserved communities.
Acumen raises **$245 million** from investors including the **Green Climate Fund, IFC, Shinhan Bank, Nordic Development Fund, BII, and SEDF** to expand clean energy access. The initiative targets **sub-Saharan Africa’s hardest-to-reach markets**, aiming to reach nearly **70 million people**. Acumen focuses on deploying sustainable energy solutions in regions with limited infrastructure.
KawiSafi secures **$90 million in approved capital** (including **$40 million committed**) to invest in African climate solutions. The fund targets for-profit companies driving low-carbon, resilient economies by addressing daily needs and job creation. Acumen’s second KawiSafi fund focuses on scaling energy and sustainability ventures across the continent.
Acumen closes a **$70 million** for-profit fund, **KawiSafi Ventures**, via its subsidiary **Acumen Capital Partners**. The fund targets **off-grid clean energy solutions** for low-income communities in **East Africa**. It aims to expand energy access through scalable business models in underserved markets.