Rwanda

The rise and rise of Bboxx: Off-grid solar supplier lands another $50m

The solar home system company, which enables customers to pay their solar electricity bill through an app on their mobile on a PAYG basis, has conducted a monumental funding round as it eyes expansion to become a fully-fledged pay-as-you-go utility.

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Bboxx secures $8 million loan to boost Rwanda operations

The off-grid solar system supplier has received the finance in Rwandan francs to mitigate currency risk and expand operations in its biggest market.

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BBOXX secures $31m investment – as well as a top eco prize

Topping off a great week for the British next generation utility platform, BBOXX won the Zayed Energy Prize after receiving funding from the Africa Infrastructure Investment Managers fund to speed up roll out of its platform in Rwanda, Kenya and the Democratic Republic of Congo.

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GE and Renewvia installing new off-grid systems in Africa

The two companies have installed systems in Kenya and the Democratic Republic of Congo to provide a cheap, secure energy supply. BloombergNEF has predicted the market for off-grid solar will grow considerably as it can meet the needs for universal energy supply at a cost competitive price.

Pilot brings pv-magazine.com to off-grid Rwandan communities

Wifi hotspots powered by PV will bring internet access to remote communities for the first time under a scheme run by a ‘next generation utility’ which hopes to expand to provide more conventional utility services in future.

Off-grid solar boosts income by 50% of household GDP in Africa – study

Gogla has released a report showing the positive economic effects of deploying small-scale pay-as-you-go solar systems in off-grid regions. More than half of the survey’srespondents reported having increased economic activity, with many of those starting new businesses or significantly increasing their household income.

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BBOXX finalizes $5 million finance deal

Up to 150,000 Rwandans will be given access to electricity by next generation utility BBOXX, after it successfully closed the deal on a $5 million facility with Deutsch Asset Management’s essential Capital Consortium.

RMI calls for ‘action’ on Africa’s PV minigrid market

Solar-powered minigrids could account for a greater slice of sub-Saharan Africa’s $740 million off-grid market, but progress is still needed throughout the region in terms of policy, financing and commercial services, the Rocky Mountain Institute (RMI) says in a new report.

Off Grid Electric secures $7.5 million in debt financing

The California-based provider of off-grid solar power in Africa rounded off an excellent 2016 for the company with a further $7.5 million in debt financing and a partnership with Rwanda’s national utility company, off the back of further expansion plans across Africa.

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