How Bitcoin Contributions Funded a .4M Solar Installation in Zimbabwe
South Africa’s Sun Exchange, a solar power investing community that uses bitcoin to raise capital and to make payments to its investors, says it has completed the highest value crowdsourced project of any kind in Africa.The Nhimbe Fresh project in Zimbabwe, a grower of berries and vegetables comprising 250 smallholder farmers, raised investment for approximately $1.4 million worth of solar cells, bought by over 1,905 individuals across 98 countries, with most of them transacting in bitcoin.Sun Exchange deployed the first bitcoin-funded solar project back in 2016, which was presented at CoinDesk’s Consensus event in New York that year. Today, Sun…