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Why we’re investing in Virunga Power


In 2022, we announced our investment of up to $50 million in Virunga Power – a renewable energy company that is developing, investing in, and operating pioneering rural electricity projects in Africa.

Three of the countries where Virunga Power operates – Zambia (15%), Malawi (6%) and Burundi (2%) – have some of the world’s lowest rural electrification rates.

In this video, Gridworks Director Shaun Githuku shares more on why we wanted to back the business:

You can read more about our investment in Virunga Power in our new Development Report:

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