
Moon Togo
Period
2024
Country
Togo
Sector
Renewable energy
Financial facility
ElectriFI
EDFI MC, through ElectriFI aims to support Moon’s innovative community model and expand access to clean, affordable energy across the country.
Project overview
Moon Togo was granted a license from the Togolese government as part of the CIZO program supporting the deployment of solar photovoltaic kits through governmental end-user subsidies. The Company is pioneering a microstructure community model which consists of forming and hiring local members in each community and providing long-term employment contracts as opposed to the typical commission-based agents. This unique model ensures long-term proximity with beneficiaries by creating an environment that fosters availability, mutual respect and trust, thereby optimising system usage rates.

Funding objective
The proceeds of our investment will be earmarked to the Togolese operations to increase penetration rates in villages and extend the microstructure model to 15 new prefectures, ultimately aiming to triple connected households from 20,000 to 60,000.
Investment rationale
In addition to supporting the expansion of Moon’s distinctive model, the investment supports the broader deployment of the CIZO program, a first-of-its-kind initiative that holds the potential to serve as a benchmark for similar endeavours in other nations if proven successful.

More info:
Key Indicators
Financial Instrument
Loan
Amount
EUR 2 million
Year
2024
