Solar kits firm d.light Design raises US11.9m from Norfund to power Kenya expansion

The investments have coincided with the growth of the Kenyan solar kits market which has attracted multinationals like Indian firm Orb Energy and Germany-based Mobisol as well as local company M-Kopa. The main challenge facing smaller companies however is how to raise enough capital to supply the expensive solar kits in return for small upfront payments from customers.

d.light Design markets a series of solar LED lights which are designed as an affordable alternative to kerosene lanterns. The product is targeted at off-grid customers in rural areas, with a price ranging from US$9.12 to US$18.25.

Read more: Africa Inc.

 


 

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