S1 EP08
Episode 8. Financing Energy Access in Africa | Benjamin Tonga

Episode info

In this episode of Voices & Visions, Ivana Heijnen speaks with Benjamin Gitonga, Investment Manager at Nithio, a climate finance platform accelerating investment in clean energy businesses across Africa.

The conversation explores how capital supports the expansion of energy access, the realities of financing renewable infrastructure, and the investment models helping businesses scale across African markets.

The episode covers:
Energy access and the opportunity across Africa
Financing off-grid energy and distributed solar businesses
Commercial and industrial renewable energy projects
Climate finance, debt investing and impact measurement
Policy, regulation and the investment environment for clean energy
The role of patient capital in infrastructure development
E-mobility and the future of sustainable transport
Renewable energy as a driver of economic opportunity and business growth

A grounded perspective on climate finance, renewable energy and investing in Africa’s energy future.

Produced by TuttoPassa Agency, in partnership with TechCabal.

Benjamin gitonga

Benjamin Gatemi Gitonga is Investment Manager at Nithio, a climate finance platform focused on expanding access to sustainable energy and mobility across Africa. He works across debt investments in distributed energy, commercial and industrial (C&I) solar, and e-mobility, helping businesses secure the capital needed to scale while delivering measurable environmental and economic impact.

Over the course of his career, Benjamin has deployed more than $30 million in debt capital to clean energy companies across the region. His work has supported businesses that have expanded energy access, reduced carbon emissions, created jobs and strengthened local economies through commercially sustainable investment.

Benjamin holds a degree in Actuarial Science and is currently pursuing the Chartered Financial Analyst (CFA) designation.

Nithio: https://nithio.com/

Benjamin Gatemi Gitonga (LinkedIn): https://www.linkedin.com/in/benjamingatemigitonga/

 

 

Top Shorts#

From Trading Bonds to Off-Grid Living
01:17
What Energy Access Actually Enables
03:33
The Final 20%: Kenya's Connectivity Gap
04:22
The Last Mile Project and Its Limits
05:47
Energy for a Moving Population
06:27
Off-Grid Products in Action
08:01
Powering Places the Grid Can't Reach
09:13
What Nithio Actually Does
10:46
How Capital Gets Deployed
12:26
Kenya's Wind Power Giant
13:31
Off-Grid vs. Commercial Solar Maturity
15:43
Why Commercial and Industrial Solar Wins
18:18
Financing Access: Deposits, Loans, and M-Pesa
20:45
Bankability: Willingness vs. Ability to Pay
21:59
What Independent Power Producers Actually Do
23:36
The Hidden Cost Squeeze on IPPs
25:19
Nithio's Portfolio Mix and Ticket Sizes
28:04
The Chicken-and-Egg Problem of Energy Poverty
32:03
Concessional Funding as the First Spark
34:33
Energy as the New Maslow's Pyramid
38:53
Where European Investors Get Africa Wrong
39:35
The Africa Risk Premium, Explained
41:46
Why Patience and Follow-On Capital Matter
43:13
The Trifecta: Policy, Technical, Finance
44:32
Advice for Founders Entering Renewable Energy
46:52
Productive Use of Renewable Energy
49:41
The Real Math Behind an E-Bike Rider's Day
52:04
Closing Reflection: What Kenya Is and Isn't
53:17