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CrossBoundary Access and ANKA Launch $20 Million Project to Bring Electricity to 62,000 People in Madagascar

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CrossBoundary Access and ANKA have entered into a $20 million agreement to set up and manage a series of solar-powered mini-grids in Madagascar.

This collaboration aims to connect more than 62,000 people to electricity by 2026.

The project involves building and running renewable energy mini-grids that combine solar panels with battery storage systems.

These systems are designed to deliver dependable, high-quality electricity to homes, businesses, and public services in areas that previously had no access to power.

For CrossBoundary Access, this marks their first project outside Nigeria.

Meanwhile, the move strengthens ANKA’s mission to expand its impact in Madagascar by bringing clean energy to more communities, unlocking long-term funding, and reinforcing its role in driving inclusive electrification efforts.

Madagascar is seen as a promising location for off-grid power projects.

Nationally, only 36% of the population has electricity, and in rural areas, that figure drops to just 15%. The country also has supportive policies in place that make it attractive for investment in clean energy.

Camille André-Bataille, Founder and CEO of ANKA, expressed enthusiasm about the new venture:

“This partnership allows us to grow our reach and deliver clean, reliable energy to communities and businesses that need it most. CrossBoundary Access brings the financial expertise we need to move quickly while keeping our community-first approach.”

Humphrey Wireko, Managing Director of CrossBoundary Access, highlighted the opportunity in Madagascar:

“With most of the population still off the grid, there’s a huge chance to make a difference. Madagascar’s evolving regulations also create a stable environment for long-term energy investments.”

Terry Otinga, Senior Investment Associate at CrossBoundary Access, added that ANKA’s solid experience and local knowledge make them the right partner:

“We’re excited to work together to bring first-time electricity to thousands of people, support local economic growth, and show that decentralized clean energy works in markets like this.”

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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