The electrification of the world's poor is one of the major aims of the United Nations' Sustainable Energy for All Initiatives. For least developed countries, the development and diffusion of rural off-grid electrification technologies is understood to be an effective means to achieve this aim. Specifically electric mini-grids carry a high poverty reduction potential as they can provide for productive use of electricity. In case these grids are powered by renewable energy sources (such as, e.g., hydro or solar energy), they are also in line with the global warming target of two degrees. Despite these upsides and the fact that renewable off-grid technologies often bear lower costs than the baseline technologies, their current diffusion rates in developing countries are not sufficient to reach poverty reduction and global warming targets. Therefore analyzing the dynamics behind the innovation and diffusion of renewable energy-based electric mini-grids, especially in LDCs, is highly relevant.The literature has shown that innovation and diffusion processes of (modern) technology in LDCs are hampered by several factors (compare), among others: a lack of human skills or technological capabilities; under-developed infrastructure hampering the exchange of technical and other resources; low income levels affecting the technology affordability; regulations that hamper entrepreneurship