In a development for South Africa’s renewable energy sector, Grid Africa has raised R50 million ($2.8 million) in equity from Rifuwo Energy Partners.  This investment comes at a pivotal time as the nation faces rising energy costs, exacerbated by Eskom’s –  a government-owned company that is South Africa’s main supplier of electric power – proposed 36% tariff hike.  The fresh funds will fuel the acceleration of solar energy projects across the country, offering businesses a cost-effective alternative to grid electricity. Timing Amidst Rising Energy Costs With South Africa’s state-owned power