Bboxx (UK) to invest over Rwf300m in local solar energy sub-sector

The New Times

A partnership between BBOXX, an off-grid energy solution provider, and Lendahand Ethex, a UK-based online impact investor, aims at raising £2.5 million to allow the former to extend its rollout of life changing solar systems across Rwanda and three other African countries.

The partnership aims at raising the amount through small investment offers to be able to roll out energy in Rwanda, Togo, Democratic Republic of the Congo and Nigeria, according to a statement.

Some £250,000 to be raised in the first phase is expected to be invested in Rwanda to provide clean energy to 2,500 families.

Source: The New Times

 

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