This content is sponsored by Energise Africa, founded in 2017. However, Ethex only features products in the ‘Wider Market’ section of our site whose mission we wholeheartedly believe in and support.
Projected returnTypically 4-7% returns with terms of one to four years
The fund factsheet gives you further information about the performance of the fund in a PDF format.
Investments via Energise Africa provide pioneering solar businesses with the upfront capital to source and install solar home systems to rural African households and businesses.
For the families and businesses, access to solar energy is life-changing and has a number of benefits such as reducing reliance on dirty fossil fuels, allowing children to study for longer, powering life-changing technology such as mobile phones and laptops and bringing multiple economic and entrepreneurial opportunities to rural villages.
All Energise Africa bonds are eligible to be held within an Innovative Finance ISA.
The solar business uses your investment to purchase solar home systems, which are sold to households and businesses in the target country of the project.
The families & businesses make monthly payments until they own the system outright, while the business maintains the system and is able to switch it off remotely if payments are not made. After 12 to 24 months, the family usually owns the system outright. The money they save in fuel costs can be used for other things.
Products shown in the ‘Wider Market’ area of our site are paid for by the associated businesses. We do not carry any products on our site unless we believe in and are aligned with the aims and values of those businesses.