Bankability Lab Foundation

About

Bankability Lab Foundation is a ngo headquartered in South Africa specializing in Other.

The Bankability Lab Foundation supports the bankability of mini-grids in Sub-Saharan Africa by providing bankability review and financial structuring support for mini-grid propositions. The organization uses an Excel-based shadow model to enable mini-grid developers to present their projects to financiers and investors in a standardized format. The review process takes a balanced approach to all stakeholders involved. The foundation aims to increase the number of mini-grid propositions in Sub-Saharan Africa obtaining funding, recognizing that an estimated 100,000 to 200,000 mini-grids will be needed in the region, with approximately 70% of Africa's future rural electricity access expected to be powered by off-grid household or mini-grid systems by 2040.