01
Impact Outcomes
01
Impact Outcomes
Spark Energy Services (Spark) is an innovative financing platform that exists to support the sustainable development of Africa’s commercial and industrial (C&I) sector. Spark provides finance for renewable energy and energy efficiency projects designed to reduce power costs, improve quality of supply and tackle greenhouse gas emissions from industry. By doing so, Spark also supports Africa’s green growth agenda, helping to create quality jobs whilst increasing the competitiveness of the continent’s C&I businesses, which depend on affordable, quality power as an engine for growth.
Figures refer to realised impact as of 31 December 2024
15
C&I businesses supported
(plus 12 development partners)
3
countries invested in
$3.76m
funding committed
3.3
MWp operational renewable energy capacity
2,690
tCO₂e avoided
725
MWh saved through energy efficiency
1,280
kWh battery storage capacity
26%
average reduction in customers electricity costs
59
jobs created
(14 held by women)
The addressable market size for C&I sustainable energy solutions in Spark’s initial target jurisdictions alone is estimated to be over USD 20bn annually.
