Lonomics Sample Success Stories

The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, today signed an agreement recognizing a $15 million commitment by OPIC to finance Txtlight Power Solutions, Ltd. doing business as Nova-Lumos (Lumos), an off-grid electricity provider, to scale up a business that provides solar electricity to homes and small business throughout Nigeria...

The investments arm of the World Bank put up half the $10 million DiViNetworks. Founded in 2004, Tel Aviv-based DiViNetworks has created a data compression technology for Internet in order to improve data traffic, lowering costs for phone companies, mainly in Africa...

Miya, a wholly owned subsidiary of Arison Investments, has been awarded a contract by the Water and Sewerage Corporation (WSC) to maximize the efficiency of its water systems. The contract value is estimated at $83 million, comprising $59 million in fixed fees and the balance in performance fees over a ten year period.Some financing for the implementation phase is provided by the Inter-America Development Bank (IDB) as part of its $81M WSC support program approved last November...

IFC, a member of the World Bank Group, today announced an investment in Teraco Data Environments that will help the company expand its data center storage and hosting facilities in South Africa and into other parts of Africa, improving information technology infrastructure in the region...