Friday
August 29
2025

Nigeria’s Koolboks Raises $11 Million to Scale Solar-Powered Refrigeration Across Africa

Koolboks, the Lagos-based maker of off-grid solar freezers, has closed an $11 million financing package made up of debt, equity and grant funding to accelerate its expansion across Africa.

Photo courtesy of Pixabay.

Source: TechBuild Africa (link opens in a new window)

Categories
Energy, Technology
Tags
climate health, impact measurement, innovation, Internet of Things, off-grid energy, PAYGO finance, results-based financing, scale, solar, startups