Nithio unlocks capital at scale and directs it towards highly-impactful efforts to improve energy access and build climate resilience.

In 2021, Africa contributed less than 3% of global emissions, and 75% of people without energy access globally are in Africa. Between 2019 and 2020, there was $632 billion in climate finance, 93% of which went to climate mitigation while only 7% went to climate adaptation efforts.

With so much emphasis on mitigation, it is not surprising that Sub- Saharan Africa only received $19 billion in climate finance, despite being the region that is least climate-resilient. At this rate, we will not achieve universal energy access and adequate adaptation levels to withstand the impacts of climate change.

Nithio was created to address the need for a significant increase in investment in Africa’s sustainable and just energy transition. Nithio has developed an innovative approach that combines geospatial data, consumer repayment data, AI, financial modelling, and deep industry expertise to standardize credit risk. With Nithio, investors can now quantify and assess risk to inform their financing and companies of all sizes can access lending at scale to unlock energy access for millions of households across the African continent.