Start-up Yellow, specialising in the supply of solar home systems, has just raised $3.3 million from several financial partners including Platform Investment Partners (PIP), Ruby Rock Investment, etc. Yellow will use the funds raised through the sale of shares to distribute its solar home systems to more than 100,000 customers in Malawi and Uganda. The […]
AFRICA : Kawisafi Sponsors BioLite for solar kits and eco-friendly cookers
The investment fund KawiSafi Ventures has just taken a $5 million stake in the BioLite company. Through this financing, the supplier of solar home systems and ecological cookers wants to expand the distribution of its solutions in Africa. Good news for BioLite. The supplier of eco-friendly cookers and solar home systems is obtaining new funding […]
UGANDA : EIB lends $12.5m to fenix for solar electrification via solar kits
The European Investment Bank (EIB) has recently signed a $12.5 million loan agreement with Fenix International, the subsidiary of the French group Engie. Through this financing, the solar home systems provider aims to electrify 1.4 million people living in rural areas in Uganda. According to the European Investment Bank (EIB), only one in five Ugandans […]