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Spark+ Africa

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News

Announcements, portfolio developments, events and external coverage relating to Spark+ Africa Fund and the modern-cooking sector.

Featured

Portfolio transaction

Spark+ provides USD 6.4 million to Baobab Côte d'Ivoire for LPG and other modern-cooking solutions

Spark+ provided USD 6.4 million in debt financing to Baobab Côte d'Ivoire to expand financing for LPG and other modern-cooking solutions.

Source: Spark+ Africa Fund
Read the release (PDF)(Spark+ press release (PDF), opens in a new tab)

Latest news

Fund announcements, portfolio developments, events and external coverage from the past two years.

Event & speaking

Xavier Pierluca at Building Bridges 2025

Xavier Pierluca represented Spark+ on the “Financing Inclusive Carbon Projects” panel at Building Bridges 2025 in Geneva, on mobilizing capital for communities, nature and the climate.

Source: Building Bridges (Geneva)
Open source(External event, opens in a new tab)
Event & speaking

Xavier Pierluca and Peter George at the LSFI Summit 2025

Xavier Pierluca and Peter George represented Spark+ in the “Beyond Returns” masterclass on getting started in impact investing at the Luxembourg Sustainable Finance Initiative Summit 2025.

Source: LSFI
Open source(External event, opens in a new tab)
Portfolio transaction

AfDB SEFA announces USD 4m catalytic investment in electric-cooking roll-out with BURN, alongside Spark+ senior debt

The African Development Bank's Sustainable Energy Fund for Africa announced a USD 4 million catalytic grant to support an electric-cooking roll-out with BURN, alongside USD 5 million of senior debt from Spark+.

Source: African Development Bank
Open source(External article, opens in a new tab)
Portfolio development

Envirofit Carbon Holdings One completes first Article 6.2 credit issuance in Ghana and scales with a Phase 2 facility

The Spark+-backed Article 6.2 cookstove project in Ghana, structured through Envirofit Carbon Holdings One, completed its first credit issuance and scaled with an additional Phase 2 facility.

Source: Spark+ Africa Fund
Read the release (PDF)(Spark+ press release (PDF), opens in a new tab)
Portfolio transaction

Spark+ and Africa Go Green Fund extend USD 18.2m senior debt facility to NewGas Cylinder Bottling

Spark+ and the Africa Go Green Fund jointly extended a USD 18.2 million senior debt facility to NewGas Cylinder Bottling to expand LPG cylinder capacity.

Source: Spark+ Africa Fund
Read the release (PDF)(Spark+ press release (PDF), opens in a new tab)
Event & speaking

Peter George at the 2024 ARDA LPG Forum

Peter George represented Spark+ at the 2024 LPG Forum hosted by the African Refiners and Distributors Association (ARDA) in Abidjan.

Source: ARDA
Open source(External event, opens in a new tab)
Event & speaking

Xavier Pierluca on the Bridging the Finance Gap panel at Impact Finance Forum 2024

Xavier Pierluca joined the “Bridging the Finance Gap” panel on behalf of Spark+ at the Impact Finance Forum 2024 in Luxembourg.

Source: Impact Finance Forum 2024 (ICFA)
Open source(External event, opens in a new tab)
Event & speaking

Peter George at the Invest in African Energy Summit 2024

Peter George represented Spark+ in a fireside chat on the role of clean-cooking investments in Africa's growth story at the Invest in African Energy Summit in Paris.

Source: Invest in African Energy Summit
Open source(External article, opens in a new tab)
External coverage

Peter George contributes to ClimateHack's feature on African climate-tech trends

Peter George contributed on behalf of Spark+ to a ClimateHack feature highlighting climate-tech trends across Africa as identified by venture-capital investors.

Source: ClimateHack
Open source(External article, opens in a new tab)

Archive

Earlier announcements, coverage and event appearances, listed newest to oldest.

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