Africa Frontier Capital’s Receivables Asset Management Platform Warehouse (AFC) is an innovative financing vehicle, targeting $100 million, designed to provide scalable, affordable capital for distributed energy service companies (DESCOs) across Africa. DESCOs play a critical role in delivering energy access to low-income and rural households. While pay-as-you-go solar has become one of the fastest and lowest-cost paths to electrification across Africa, the model creates significant working capital needs that can constrain growth. AFC addresses this challenge by financing consumer receivables and helping high-impact energy companies scale, beginning in the Democratic Republic of Congo.