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BBOXX secures a deal in DRC to deploy off-grid solar solutions
Next generation utility BBOXX has signed a pioneering deal with the government of the Democratic Republic of Congo (DRC), which will bring renewable electricity to 2.5 million citizens in the DRC by 2020.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press release: Fenix International’s inclusive employee ownership programme gives first-of-its-kind pay-out in Africa
The ‘Fenix Flames’ programme extends benefits to employees in lieu of traditional company stock options. As part of an employee benefits programme, the scheme was designed to offer a pay-out in the event of an acquisition or public listing.
- Region
- Sub-Saharan Africa
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A Mini-Grid Milestone: Can the Industry’s First Trade Association Help Electrify Rural Africa?
In April, the mini-grid industry got its first-ever trade association, as the Africa Mini-grid Developers Association (AMDA) launched with chapters in Kenya and Tanzania – and ambitious goals for expansion across the continent. Though AMDA's membership currently includes about a dozen companies providing 11,000 connections, it aspires to represent 90 percent of the mini-grid sector by the end of 2021. In a Q&A with Scott Anderson, AMDA co-founder Jessica Stephens discusses its plans to transform the mini-grid industry from a feel-good alternative to a power player in the energy sector.
- Categories
- Energy
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Microgrids an Important Piece of the Puzzle for Energy Access in Frontier Markets
Microgrids are becoming important part of the frontier power markets for distributed energy systems. Advances in technology such as energy storage along with rising diesel prices, and favorable government policies have enabled an environment to support the economics of small-scale clean energy systems according to the second quarter Frontier Power Market Outlook report by BNEF.
- Categories
- Energy
- Region
- South Asia
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Redefining What It Means to be a Next-Generation Energy Company in Africa
More than 650 million people in sub-Saharan Africa lack electricity. Distributed energy service companies face many obstacles in serving this market - from finding the right capital investors to cultivating on-the-ground expertise. Mansoor Hamayun, CEO of solar distributed energy firm BBOXX, says his company is taking aim at several of those challenges with a new financing mechanism. In partnership with Bamboo Capital Partners, BBOXX is launching an investment platform that aims to break down barriers preventing energy companies from scaling up in developing markets.
- Categories
- Energy, Environment
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Pairing access to finance and energy to solve global poverty
Pairing access to finance with access to energy can help more than a billion people raise their standard of living, banish poverty to the past and no longer be counted among the unbanked.
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Oikocredit invests $1.2 million in Inyenyeri Company to support clean cooking solutions
Inyenyeri’s fuel and stove solution cuts smoke and toxic fumes by more than 90% compared to traditional cooking methods.
- Region
- Sub-Saharan Africa
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East Africa a bright spot as world crawls towards energy goals
Indoor air pollution from burning wood, dung, kerosene and other dirty fuels causes over 4 million deaths a year, with women and children at highest risk, the report said.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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