Spark+ is a funding and capacity building program to increase the pipeline of investment-ready companies which design, manufacture, and sell clean cooking solutions in developing countries around world.
The Spark+ Africa Fund is an impact investment fund being formed by SIMA, and the Clean Cooking Alliance, the leading umbrella organization working to build an inclusive clean cooking industry at scale. The Fund will further access to clean and efficient cooking energy solutions for rural, peri-urban and urban communities at the base-of-the-pyramid markets in sub-Saharan Africa. The Fund will provide debt and equity finance to participants in the clean cooking sector across the value chain including distribution and financing intermediaries. The Fund will be flanked by a Technical Assistance facility to provide operational, IT and product support to its investees.