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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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Empowering Women-Owned Enterprises To Solve Local Energy Challenges
Lack of access to electricity continues to plague many African countries, including Uganda, where up to 80% of the population lives without power. Given the increasing demand, it will take more than the Ugandan government to power up the East African country.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Engie and Fenix to bring affordable power to the Africans living off-grid
Engie Africa and off-grid energy company Fenix International have closed their acquisition agreement, a move that aims to provide safe and affordable energy to millions of households across Africa
- Categories
- Energy
- Region
- Sub-Saharan Africa