Data-driven energy access for Africa
Data-Driven Energy Access for Africa is a financial intermediary providing loans to solar distributors in Kenya, Nigeria, and Uganda. Powered by its Risk Analytics Engine, Nithio uses artificial intelligence (AI) and demographic, geospatial, and anonymized customer data to analyze customer repayment risk within distributors’ receivables portfolios. This enables better credit assessment of underlying portfolios of receivables and more effective intermediation of capital to serve those customers with the greatest financial need. By incorporating a detailed segmentation of forecasted customer repayment abilities this approach scales investment efficiently and offers a step-change in making more rapid progress toward achieving SDG 7.
