UK firm Azuri to use Sh400m debt to connect 150,000 Kenyan homes to pay-go solar

General Manager East Africa Snehar Shah says the firm is ready to expand its reach with a Sh2 billion commercial debt financing it received early this year. Of the Sh2 billion, about Sh400 million will be deployed in Kenya.

The firm has so far connected about 150,000 homes with PayGo solar systems in the last five years which also includes a solar-powered 24-inch satellite-TV.

Headquartered in Cambridge, United Kingdom, with staff based in Kenya, Tanzania, Uganda, Zambia, and Nigeria, Azuri is leveraging solar and mobile technology to allow users in 12 different countries access renewable, distributed power on a pay-as-you-go basis.

Full article: Capital Business

 

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