Infraco Africa provides US$15m to Bboxx to accelerate in existing and new markets

AFRICA – InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement committing to provide US$15 million by way of convertible loan notes to Bboxx, a next generation utility ramping up the provision of clean, reliable, and affordable energy access to underserved communities in Africa. To date, Bboxx has successfully delivered clean energy solutions for over…

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Renewable energy provider Bboxx acquires PEG Africa for US$200M

GHANA – British renewable energy provider, Bboxx has reportedly acquired PEG Africa, a solar home systems provider based in Accra, Ghana in a deal worth US$200 million. The acquisition subject to approval from Ghanaian authority and PEG Africa’s financial partners marks a major step in Bboxx’s expansion in West Africa. PEG Africa based in Accra, provides decentralized solutions for access…

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Bboxx partners Startimes to provide access to TV services for its offgrid customers

KENYA – Bboxx Kenya has entered a partnership with Pay Television Company StarTimes media that will see its off-grid customers across the country access digital television services. Bboxx Solar which provides pay-as-you-go solar home system services to over 500,000 Kenyans through affordable payment plans, will now offer its customers the option to bundle the brand’s Mdosi TV package. The package…

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Bboxx launches Flexx by Bboxx to provide clean energy to off-grid communities in Africa

AFRICA – Bboxx, a renewable energy provider has launched Flexx by Bboxx, a new brand offering entry-level clean energy products to millions of people at the bottom of the energy pyramid in Africa. Flexx by Bboxx will bring new and reliable products to market that are affordable, accessible, and flexible, getting millions more people onto the energy ladder. The company…

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Bboxx launches new brand to speed up clean energy deployment in off-grid communities

KENYA – Bboxx, a next-generation utility, has launched Flexx by Bboxx, a new brand offering entry-level clean energy products to millions of people at the bottom of the energy pyramid. Flexx by Bboxx will bring new and reliable products to market that are affordable, accessible, and flexible, getting millions more people onto the energy ladder. As part of the launch,…

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Bboxx secures US$14.1m loan from SBM Bank to finance affordable solar home systems in Kenya

KENYA – Bboxx Kenya, a next-generation utility company, has secured US$14.1 million loan provided by SBM Bank Kenya, a local commercial bank, to provide access to clean, reliable, and affordable energy to nearly half a million people through off-grid solar home systems (SHS) in Kenya. GuarantCo, a part of the Private Infrastructure Development Group (PIDG), has provided US$10.57 million partial…

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Bboxx gets US$5.5m from Africa Go Green Fund for solar kits and clean cooking

AFRICA – The Africa Go Green Fund for Renewable Energy and Energy Efficiency (AGG),  has signed a second transaction for a US$5.5milion loan with Bboxx, a next-generation utility expanding access to clean energy and clean cooking across Africa. Africa Go Green Fund for Renewable Energy and Energy Efficiency was launched by the German Development Agency (KfW) to promote private investments…

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Solar home systems manufacturer Bboxx expands to Nigeria

NIGERIA – Decentralised solar systems manufacturer and distributor, Bboxx, has officially launched in Nigeria, the company has announced. Nigeria is Bboxx’s largest market and the launch of its first shop in Ijebu Ode, Ogun State will help the company to expand its customer base for its Solar Home Systems (SHS). Nigeria’s national electrification rate is 55%, and a much lower rural electrification rate…

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Solar provider Bboxx partners with Government of Togo to sell smartphones on Pay-As-You-Go basis

TOGO – Bboxx, a Pay as you go solar provider, and the Government of Togo, represented by the Ministry of Digital Economy and Digital Transformation, have announced the first ever Memorandum of Understanding) to sell smartphones in Togo on “Pay-As-You-Go” basis. The MoU will improve digital inclusion and the delivery of digital public services through deployment of smartphones in Togo.…

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Bboxx, Geocoton Advens Group partner for access to clean energy in Burkina Faso

BURKINA FASO – Bboxx, a Pay as you go solar provider, and Geocoton Advens Group, have entered into a partnership to facilitate access to clean energy in Burkina Faso and other countries. This is the first step in a long-term strategic partnership that will see the two companies expand access to clean energy to other African countries in future. This…

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