Browsing: Bboxx Africa

• Data firm Bboxx is scaling up clean cooking access in Rwanda in liaison with TotalEnergies following a successful pilot of Pay-As-You-Go LPG.
• This deal will see Bboxx provide its innovative technology and PAYGo finance model and TotalEnergies Marketing Rwanda LPG cylinders.
• The partnership is targeting one million people over the next 5 years.

Data-driven platform Bboxx has entered a new partnership that seeks to transform lives and unlock potential by connecting consumers has joined forces with TotalEnergies to scale access to clean cooking solutions, targeting one million people in Rwanda.

This partnership will see more Rwandans start accessing Liquid Petroleum Gas (LPG) clean cooking in and beyond Kigali City, Rwanda. While unveiling the plan, the companies said the latest move follows a successful pilot programme in 2023, and plans are underway to reach 1 million people over the next 5 years.

Bboxx, a firm that prides itself on accelerating the …

• Data by the World Bank Group reveals that Kenya’s electrification rate currently stands at 70 per cent
• Easing the financial access barrier for end-users has improved the uptake of home solar systems over the past decade. 
• The Kenya National Electrification Strategy highlights the Kenyan government’s plans to scale up off-grid electrification with ambitions to establish two million new connections through standalone solar home systems by 2022. 

Bboxx Kenya is set to receive a US$14 million (Ksh1.6 billion) loan facility from SBM Bank Kenya aimed at connecting 470,000 Kenyan households to renewable energy sources.

GuarantCo, a fund backed by the governments of UK, Switzerland and Australia among others, is guaranteeing Ksh1.2 billion or 75 percent of the loans.

“SBM Bank is elated to spur the growth of the energy sector in Kenya through partnerships with like-minded entities such as Bboxx and GuarantCo,” SBM Bank Kenya’s deputy chief executive officer Jotham Mutoka …