24 September 2025: RS Group plc (LSE: RS1), a high-service global product and service solutions provider for industrial customers, today announces a new three-year partnership with international development charity SolarAid. Together, RS Group and SolarAid aim to raise £1 million to deliver clean, safe solar lights to 150,000 people living in rural communities across Africa without access to electricity.

The partnership forms a central part of RS Group’s 2030 ESG action plan and champions the shared ambition to “make amazing happen for a brighter world.” By combining corporate donations, matched funding, RS PRO product contributions, employee fundraising, and gifts in kind, RS Group will help accelerate SolarAid’s mission to create thriving solar businesses that tackle poverty and climate change.

Just one solar light benefits every member of the household leading to a 90% reduction in kerosene, candles or torches, with a 95% saving on their energy spend and enabling a child to study safely for the first time after sunset. It also reduces carbon emissions in the transition to renewable energy. A paraffin candle emits three times its weight in CO2 and a kerosene lamp emits over a tonne of carbon over 3 years.

Employee engagement at the heart of the partnership

RS and SolarAid are closely aligned as providers of products and solutions that support the low-carbon transition with a focus on renewables. As a leader in industrial MRO services, the RS team’s expertise will directly support SolarAid’s global and local repair programmes, helping build a circular solar economy in off-grid communities. RS employees worldwide will be encouraged to get involved through skills-based volunteering, fundraising challenges, and awareness-raising activities. Planned initiatives include:

• Skills-based volunteering: RS experts will seek to support SolarAid projects, such as improving its Repair App, which helps communities extend the life of solar lights and reduce waste through simple repairs.
• On-the-ground engagement: Opportunities to visit SolarAid-supported communities in Malawi and Zambia, as well as welcoming SolarAid representatives to RS markets for live demonstrations.
• Night Without Light: An awareness initiative where employees spend a night without electricity, experiencing the challenges faced by off-grid communities.
• Active for Change: A global fundraising challenge where employees raise money by logging physical activity in teams.

RS employees are entitled to two annual volunteering days, and the company aims to inspire 50% of colleagues to use this time to support their communities and the SolarAid partnership.

Bridging ambition with proven impact

SolarAid’s recent remarkable achievement in Kasakula, Malawi underscores the partnership’s potential. On 26 August 2025, 100% of households, all local schools, and the health clinic in Kasakula gained solar access through the Light a Village initiative—highlighting what’s possible when communities, charities, and partners align around a bold, shared goal.

A brighter future through collaboration

Andrea Barrett, Chief Sustainability Officer at RS Group, said: “We are proud to partner with SolarAid on this important mission. Access to clean, safe solar light is a powerful catalyst for education, safety, and opportunity. By combining the passion of our people with the innovation of our customers and suppliers, we can make amazing happen for communities that need it most. The success in Kasakula is a living proof point: achieving 100% access in one of the world’s poorest and most remote regions shows that universal energy access is not just achievable, but scalable.”

John Keane, CEO of SolarAid, said: “We are delighted to be working in partnership with RS Group. From the very start our shared purpose and alignment has been clear. Like RS Group, we strive to innovate the best solutions for our customers, so that we can deliver sustainable energy access. We are incredibly excited by the huge opportunity we have together, to progress our mission and bring clean, safe light and power to those living in the most remote, hardest to reach communities. Together, we really will make amazing happen for a brighter world”

Driving long-term impact

The partnership builds on RS Group’s track record of impactful collaborations, including raising nearly £1 million for The Washing Machine Project since 2020. By focusing on engagement opportunities for employees, customers, and suppliers, RS Group and SolarAid aim to create a movement of shared purpose and innovation. To amplify the collective impact, RS Group will match donations and funds raised by employees, further reinforcing its commitment to empowering communities.

• Drawing on nearly two decades of last-mile delivery experience across nine African countries, the paper highlights how rethinking funding design could unlock private sector capacity and deliver impact at scale.

16 September 2025: ENGIE Energy Access (EEA), Africa’s leading off-grid solar provider, has released a new White Paper, “Maximising Impact: Transforming Grant Funding for Energy Access”, calling for a fundamental shift in how grant capital is deployed to close Africa’s energy access gap.

Sub-Saharan Africa stands at a critical crossroads. With less than five years to 2030, the goal to ensure affordable, reliable, sustainable, and modern energy for all is at risk of being missed. At the current pace, over 660 million people will remain unelectrified by 2030. Given energy is a critical enabler for other development outcomes, this threatens progress on health, education, economic development and other closely linked goals.

Off-grid solar and mini-grid solutions can deliver 40% of the needed connections under a least-cost model. However, key challenges are impeding progress, with a current funding gap of $12 billion for standalone systems, and a funding landscape that is fragmented, risk-averse, and at times, misaligned with the realities of operating in frontier markets. This is putting SDG7 out of reach and leaving millions without access to affordable and modern energy.

EEA’s White Paper argues that grant funding, while essential, is not being used to its full catalytic potential. Drawing on nearly two decades of last-mile delivery experience across nine African countries, the paper highlights how rethinking funding design could unlock private sector capacity and deliver impact at scale.

Key recommendations include:

• Reorienting grant targeting toward closing the access gap and “finishing the job” on SDG7
• Tailoring instruments to market segments (households, businesses, and community infrastructure) and risk profiles.
• Scaling up grants, with the public sector strengthening their leadership role.
• Strengthening delivery systems and governance to ensure transparent, efficient, and sustainable implementation.

“Public funding is vital to accelerate universal energy access where affordability remains one of the main drivers. To deliver the highest results without shaking market fundamentals, it must be structured to unlock private investment and delivery capacity. Our White Paper sets out practical ways to maximise its impact, drawn directly from our operational realities in rural areas in Sub-Saharan Africa.,” said Gillian-Alexandre Huart, CEO of ENGIE Energy Access.

This moment, marked by new initiatives like Mission 300 and the phase-out of legacy programs, is a unique opportunity to reset strategy and coordination. If we miss it, the risks are substantial: diluted impact, loss of SDG7 credibility, eroded investor confidence, and disengagement from the private sector.

ENGIE Energy Access calls on policymakers, donors, financiers, and industry stakeholders to engage with the findings and join in advancing solutions that can help close the energy access gap faster, while supporting economic growth, resilience, and climate goals.

The White Paper is available for download here.

3 September 2025: Baobab+ will henceforth operate as Izili, reaffirming its role as a last mile distributor dedicated to extending affordable solar power and digital connectivity to underserved communities across Africa. This change follows BioLite’s acquisition of a majority stake in April 2025 and signals a renewed focus on delivering end user impact.

Izili embodies innovation in distribution, steadfast inclusion and tangible impact. As Izili, we pledge to deepen our reach in Senegal, Côte d’Ivoire, Madagascar and Nigeria by bringing reliable energy and digital services directly to homes, small enterprises and remote markets. Our agile network of field agents ensures that products and support arrive where they are needed most.

Kolawole Osinowo, Chief Executive Officer of Izili Group, commented “As Izili we remain unwavering in our mission to energise lives and connect communities. The name Izili captures our ambition to light up every home and link every entrepreneur to opportunity. By reinforcing our last mile network we ensure clean energy and digital tools are truly within reach.”

Clients, partners and stakeholders will continue to receive the same high standards of service and technical support under the Izili name. The rebranding will roll out gradually in all operational markets over the coming months.

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About Izili: Formerly Baobab+, Izili is a purpose-driven last mile distributor of solar energy systems and digital tools in Africa. Since 2015, we have empowered over 2.5 million people through accessible financing and hands-on support, ensuring that clean energy and digital solutions reach even the most remote communities.

26 August 2025: Traditional Authority Kasakula – one of the poorest and most underserved communities in one of Africa’s least electrified nations, will today, 26th August 2025, become the first community in Malawi to achieve 100% access to solar power through a ground-breaking Energy-as-a-Service model. 8,813 homes, 12 schools, and the one health clinic – will gain access to Tier 1 electricity, as defined by the World Bank’s Multi-Tier Framework. Across Malawi, 84% of the population still live without access to electricity

With no connection to the national grid, 97% of residents living in extreme poverty, and 76% without education beyond primary level, families have relied on kerosene lamps or open flames for light. Many people report house fires, respiratory issues, and barriers to education and productivity as a result.

SolarAid – an international non-profit – chose Kasakula to pilot its model in 2021 to better understand the challenges of achieving universal energy access in one of the world’s poorest regions. Co-developed with the local community, they deliberately selected one of Malawi’s most remote and low-income communities to maximise learnings. The infrastructure now enables solar home systems to be installed in up to 1,000 households per week – with full connectivity reached on August 26th. Nearly 100 local jobs have been created to support installation and maintenance.

“The clock is ticking, and current solutions will not reach the hardest-to-reach in time for the 2030 UN Sustainable Development Goals. This model shows that universal energy access is possible, and achievable in a matter of years, even in one of the world’s most remote and impoverished communities,” says John Keane, SolarAid CEO.

The Energy-as-a-Service model removes financial and ownership-related barriers to access by allowing customers to pay only for the energy they use, at a price comparable to candles. SolarAid handles installation, maintenance, and servicing, using real-time usage and revenue data to ensure continued access while creating green jobs within the community.

Brino Kambanizithe, whose household received a system in 2023, said:

“I believe our future will be transformed for the better. With light, we can extend our working hours, both on farm produce and with other opportunities. It opens up new possibilities for growth and prosperity. My child will grow up in a house that has lights. He will have more time to read once he starts going to school.”

Eva Roig, Senior Communications Manager at GOGLA (the Global Association for the Off-grid solar energy industry) said, “SolarAid continues to test out innovative solutions to reach the last mile: their work in Kasakula demonstrates that 100% electricity access is achievable even in the poorest communities. The energy-as-a-service model shows potential to be a gamechanger for low-income communities to access life-changing clean energy powering economic transformation.”

This achievement aligns directly with the World Bank’s Mission 300, an ambitious global goal to connect 300 million people across Africa to electricity by 2030. The model is supported by the Rural Energy Access Lab (REAL).

• Solar continues to grow at a steady rate in Africa and now represents 20+ GWp of installed capacity across all segments. And this milestone will be outdated very soon, as over 10 GWp are currently at various stages of construction all over the continent. Whereas new solar installations are slowing down in some parts of the globe, African solar continues to grow and even accelerates it growth.

11 August 2025: In its latest solar projects database update for 2025 H1, AFSIA, the Africa Solar Industry Association, has identified more than 20 GWp worth of operational solar capacity across the continent. The database counts close to 40,000 different projects at various stages of development. The 20 GWp capacity accounts for solar for utility-scale, C&I, mini-grids, SHS (Solar Home Systems). Residential projects for a limited set of countries are now also included in AFSIA’s database.

In its latest solar projects database update for 2025 H1, AFSIA, the Africa Solar Industry Association, has identified more than 20 GWp worth of operational solar capacity across the continent. The database counts close to 40,000 different projects at various stages of development. The 20 GWp capacity accounts for solar for utility-scale, C&I, mini-grids, SHS (Solar Home Systems). Residential projects for a limited set of countries are now also included in AFSIA’s database.

South Africa remains the engine of the African solar industry, accounting for approximately half of all capacity installed in the continent. North Africa also contributes greatly to the tally with Egypt, Morocco and Tunisia completing the Top 4 of African countries hosting the most solar capacity in operation.

This domination of the southern and northern parts of the continent is likely to be maintained going forward. In 2025, new capacity that became operational predominantly came from Southern Africa. While South Africa continues to invest massively in solar, other Southern African countries are now jumping on the bandwagon and have rolled out significant solar capacities in 2025 alone. These include Zambia, Botswana, Zimbabwe and Namibia. Senegal is almost an outlier in this Southern African group with 54 MWp new installed capacity identified YTD. In the northern part of the continent, the main push is expected to come from Algeria. After several years of inaction, the country has indeed decided to move forward with a whopping 3 GW initiative across 20 projects. These projects are at various stages of construction, and several are expected to be commissioned before the end of 2025.

The other remarkable insight from the data is that African solar is on a strong growth trajectory, whereas other regions of the world are witnessing a slowdown of new solar installations. SolarPower Europe recently reported that it expects a solar decline of 1.4% this year, marking a negative annual growth for this first time since 2015. In the US, SEIA reports that solar installations have declined by 7% YoY and 43% between 2024 Q4 and 2025 Q1. Africa however keeps beating its own records year after year, after recovering from the pandemic. Updated AFSIA figures indicate that 2024 saw a 44% increase in new installations, further building on the 22% increase momentum from 2023. And the future holds even greater prospects as more than 10 GWp of capacity has been identified to be under construction. Utility-scale projects currently under construction account for 70%, marking a solid rebound from the post-COVID years during which C&I was the predominant segment in African solar. This capacity under construction is also more spread across the continent. South Africa remains the most active African country, but hosts “only” 28% of the current construction activity. Algeria, Egypt, Angola, Tunisia and Zambia are other hot spots for African solar and account for 75% of all current solar construction activity together with South Africa.

This steady growth of solar will be at the center of discussions at REFA – the Renewable Energy Forum Africa which is to take place in Accra on December 3 & 4. Organized by AFSIA and SolarPower Europe, with the support of GET.invest, this investment forum is the annual meeting place for professionals of the African renewable energy industry, covering all topics including solar, storage, electric mobility and green hydrogen to cite a few.

4 August 2025: Despite persistent global challenges, Sustainable Energy for All (SEforALL) delivered major results in 2024, mobilizing USD 2.48 billion in financing commitments for clean energy access and transition efforts led in collaboration with partners. The results reflect the growing leadership of countries in the Global South in shaping a just and equitable energy future.

Over the past year, SEforALL helped secure 93 high-level commitments through Energy Compacts, while delivering integrated support in planning, policy, finance mobilization, and capacity-building across 24 countries, including 77 projects and initiatives.

A notable achievement in 2024 was SEforALL’s engagement in the Mission 300 initiative, led by the World Bank Group and the African Development Bank, which aims to halve the number of people without electricity in Sub-Saharan Africa. The initiative is designed to unlock financing, catalyze clean energy markets and scale solutions that could benefit far beyond the 300 million people directly targeted.

Recognizing the foundational role of energy access in driving economic development, SEforALL also advanced local clean energy manufacturing in Ghana, Kenya, Nigeria and South Africa, supporting solar PV, battery and electric vehicle (EV) value chains through skills development, industrial policy, enterprise support and investment facilitation.

In parallel, SEforALL launched the Council for Critical Minerals Development in the Global South, in collaboration with Swaniti Initiative and the UC Davis Institute for Transportation Studies. This effort provides tailored support to countries including Brazil, Ghana, India, Indonesia, Nigeria, and South Africa, essential for building sustainable supply chains critical to the global energy transition.

“Our 2024 results reflect the leadership we’re seeing from countries like Sierra Leone, which launched an Energy Transition and Green Growth Plan, and India, which is innovating in energy efficiency and investment matchmaking,” said Damilola Ogunbiyi, CEO of SEforALL and Special Representative to the UN Secretary-General. “These are not just plans, they reflect impactful action that is changing the landscape of global energy leadership.”

To learn more about SEforALL’s 2024 results download the 2024 Annual Report and Annual Monitoring Review.

1 August 2025: The World Bank Board of Executive Directors has approved the Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) in Ethiopia Program-for-Results (PforR), an initiative to bring clean and reliable electricity to nearly six million people in Ethiopia. The program is supported by a $400 million credit from the World Bank’s International Development Association (IDA)* and a $24 million grant from the Government of Denmark.

The Government of Ethiopia (GoE) has taken significant steps to expand electricity access through substantial investments in power generation, grid and off-grid solutions, and the launch of ambitious national programs. While these initiatives are noteworthy, further progress is needed to fully meet the country’s growing needs.

Preliminary findings from the 2025 World Bank Multi-Tier Framework Survey indicate that Ethiopia’s Tier 1+ access rate stands at 44 percent. This means that close to 71 million people, primarily in rural and peri-urban areas, are still living without a sufficient level of access to this essential service. Consequently, millions of families continue to rely on polluting fuels for lighting and cooking, children struggle to study after dark, health clinics operate without reliable power, and economic opportunities remain limited, perpetuating cycles of poverty and constraining social and economic development across the country.

“The ASCENT Ethiopia program reflects our dedication to supporting Ethiopia’s pursuit of universal energy access. By prioritizing underserved and low-income communities and making energy accessible and affordable, we are enabling nearly six million additional people to gain electricity connections, improving essential services, and supporting Ethiopia’s climate and development goals,” said Maryam Salim, World Bank Division Director for Eritrea, Ethiopia, South Sudan, and Sudan.

Building on the achievements of existing programs including Ethiopia Electrification Program (ELEAP) and the Access to Distributed Electricity and Lighting in Ethiopia (ADELE), the ASCENT Ethiopia program aims to expand on-grid electrification by connecting new households, non-residential customers, and towns near the medium-voltage network over the next five years. The program will also enhance policies and institutional frameworks to promote equitable access, including revisions to the National Electrification Program and grid connection policies; improve utility performance through digitalization and enhanced customer service; and strengthen institutional capacity in areas such as fiduciary management, environmental and social risk management, citizen engagement, and gender inclusion, thereby supporting the government in establishing robust systems and frameworks for sustainable energy access.

The strong collaboration with Denmark will expand and promote inclusive energy access for low-income groups, women, and other underserved communities in Ethiopia, by reducing connection costs for 480,000 new customers. As the program evolves, ASCENT Ethiopia will leverage additional partnerships and incentivize the private sector to broaden affordable electricity access, secure additional funding, and promote innovation. Together, these efforts are expected to accelerate progress toward universal access, ensuring that no one is left behind in Ethiopia’s energy future.

The implementation of ASCENT Ethiopia will be led by the Ministry of Water and Energy in collaboration with the Ethiopian Electric Utility (EEU). The project adopts the Program-for-Results (PforR) approach, which ties funding directly to tangible, measurable outcomes. This people-centered strategy encourages all stakeholders to prioritize meaningful change, while promoting transparency, and accountability. The program is also aligned with Mission 300, the joint World Bank Group and African Development Bank initiative which aims to connect 300 million people in Sub-Saharan Africa to electricity by 2030. By aligning with this ambitious goal, ASCENT ensures that progress achieved in Ethiopia will not only benefit local communities but will also contribute to the broader vision of universal energy access across the continent.

29 July 2025: The Board of Directors of the African Development Bank Group has approved a loan of $144.27 million to Niger forthe first phase of a program that will reform energy sector laws and address the country’s critical power shortage.

Niger’s Energy Sector Governance and Competitiveness Support Program is expected to address governance challenges by strengthening public financial management systems, particularly tax revenue mobilization and tax revenue control system. It will also support the clearance of domestic arrears, public-private dialogue, and the adoption of an industrial and commercial policy to bolster support for Nigerien businesses.

“This program represents our commitment to supporting Niger’s economic recovery and energy independence,” said African Development Bank Director General for West Africa Lamin Barrow. “By improving access to energy and strengthening governance frameworks, we are helping to lay the foundations for sustainable growth that will benefit all Nigeriens, particularly the most vulnerable populations.”

By improving access to energy and strengthening governance frameworks, we are helping to lay the foundations for sustainable growth that will benefit all Nigeriens.

The Bank’s support will underpin ambitious energy objectives, including increasing national electricity access from 22.5% to 30% by 2026 while boosting manufacturing’s contribution to GDP from 2.5% to 3.8%. A key component focuses on the renewable energy capacity development framework and includes plans to generate 240 MW of solar energy by 2030, with 50 MW coming onstream before December 2026.

The program particularly emphasizes social inclusion, with specific measures to support internally displaced persons, women, and youth. With more than 507,000 internally displaced persons nationwide due to security challenges in the Sahel region, targeted interventions will ensure that vulnerable populations benefit from improved economic opportunities.

The Nigerien economy has shown remarkable resilience despite challenges, with GDP growth climbing to 8.8% in 2024, and oil production expected to increase from 20,000 to 90,000 barrels per day by 2026. Still, only 22.5% of the population enjoy access to electricity, one of the lowest rates in West Africa. In rural areas, where 80% of Nigeriens live, only 4.5% have access to electricity, forcing families to rely on biomass for 94% for their energy needs.

Niger’s strategic energy compact, formally adopted by decree, provides the framework to attract $527 million in private sector investment by 2030. The project will establish high-level coordination mechanisms and update national energy policies to create an enabling environment for private participation in mini-grid developments crucial for rural electrification.

The program positions Niger to capitalize on its vast renewable energy potential while building governance systems that support inclusive and sustainable development.

28 July 2025: Sun King, the world’s largest off-grid solar energy company, has closed a landmark $156 million (KES 20.1 billion) securitisation to scale affordable solar across Kenya. The local currency deal will enable an estimated 1.4 million low-income households and businesses to access electricity — often for the first time — and shift away from costly, polluting fuels like kerosene and diesel.

This is Sun King’s second and largest Kenyan-Shilling-denominated securitisation. The deal is the largest securitisation ever completed in Sub-Saharan Africa outside South Africa. Arranged and structured by Citi with Stanbic Bank Kenya Ltd (part of the Standard Bank Group) acting as the placement agent, the securitisation is backed by five international and local commercial banks and three development finance institutions. It builds on the company’s award-winning $130 million securitisation completed in 2023.

Sun King’s pay-as-you-go solar model allows households to access solar products by making small, flexible payments starting from as little as $0.19 (KES 25) per day through mobile money. To date, Sun King has extended $1.3 billion in solar loans to almost 10 million individual customers across Africa. The securitisation enables Sun King to raise long-term local currency debt by converting future customer repayments for financed solar products into investable assets.

“Millions of off-grid households have switched to solar thanks to small ‘pay-as-you-go’ loans. This deal signals a major turning point for green energy finance in Africa,” said Anish Thakkar, Co-Founder of Sun King. “It shows that African commercial banks believe in the power of pay-as-you-go solar and are ready to back it with serious capital. Return-seeking, local capital in local currency is essential to unlocking the scale and speed needed to achieve universal energy access.”

The transaction includes:

• A senior tranche funded by five commercial banks: ABSA, Citi, The Co-operative Bank of Kenya, KCB Bank Kenya Limited, and Stanbic Bank Kenya Ltd; and
• A mezzanine tranche provided by development finance institutions: British International Investment, the Dutch development bank FMO, and Norfund, the Norwegian Investment Fund for developing countries.

Both senior and mezzanine tranches have been privately rated by a credit ratings agency. The funds are raised under Sun King’s Sustainable Financing Framework, which received a Second Party Opinion (SPO) from Moody’s Investor Relations, earning a Very Good (SQS2) score. The securitisation is a private offer in line with Kenya’s capital market regulations.

To date, an estimated 30% of Kenyan homes have access to Sun King solar. With this new funding, solar access is expected to grow significantly. The new securitisation is expected to deliver loans that enable the purchase of approximately 1.4 million solar products and smartphones in Kenya. Together with Sun King’s 2023 securitisation, the two transactions will help deliver an estimated 3.7 million solar products and smartphones.

This second securitisation is part of Sun King’s broader effort to raise local currency capital across Africa. So far, Sun King has raised $450 million across Kenya, Nigeria, and Tanzania. The securitisation shows how appropriate financial tools can mobilise local private capital to solve local challenges, such as energy access and the just transition.

“This securitisation demonstrates the effectiveness of pay-as-you-go business models to reach underserved communities at scale and the role of development finance institutions to mobilise private capital,” said Jorge Rubio Nava, Citi’s Global Head of Social Finance. “Over the last few years, we’ve successfully partnered with Sun King to develop innovative financial tools that bring sustainable and affordable energy solutions to millions of households across Kenya and beyond.”

The IEA reports that Kenya is one of the few Sub-Saharan African countries on track for near-universal electricity access by 2030, with standalone, distributed rooftop solar playing a central role. The transaction supports the goals of Mission 300 — the World Bank- and African Development Bank-led initiative to connect 300 million people in Africa to electricity by 2030 — which recognises that mobilising local capital is critical to achieving that target. This securitisation is a key example of how return-seeking local finance can help scale clean energy access sustainably.

28 July 2025: The World Bank Board of Executive Directors has approved a $200 million International Development Association (IDA)* grant for the 13th phase of the Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) Program which is set to provide reliable and sustainable energy services to more than one million beneficiaries in Zambia within the next five years.

The ASCENT Zambia project not only focuses on connecting Zambians living in remote and underserved communities, it also aims to supply reliable and affordable power to businesses and industries in Zambia which will in turn support economic growth and job creation. It will also scale up successful pilot projects, invest in new technologies, and build the capacity of local communities to manage and maintain energy infrastructure.

“The ASCENT Zambia project is a testament of the World Bank’s commitment to supporting sustainable energy access for all Zambians in line with the Zambia National Energy Compact, under the Mission 300 Initiative,” said Yadviga Viktorivna Semikolenova, World Bank Practice Manager for Energy for Eastern and Southern Africa. “We are excited to embark on this new phase and look forward to the positive impact it will have on local communities.”

The ASCENT Program employs a multi-phase approach to support countries across Eastern and Southern Africa to reach the Mission 300 target which aims to provide electricity access to 300 million people in Africa by 2030. The ASCENT Zambia project is the thirteenth phase in the region-wide program.

“Partnerships are key to the success of the ASCENT Zambia project,” said Achim Fock, World Bank Country Manager for Zambia. “We are grateful for the support of all partners and look forward to working together to help foster economic growth in Zambia through the provision of reliable energy to businesses and industries.”

2 July 2025: d.light, a global leader in providing affordable and sustainable solar energy solutions, is pleased to announce a significant expansion of its Brighter Life by d.light receivables financing facility. The expanded facility has the capacity to purchase over USD $300 million of receivables, enabling d.light to further its mission of delivering clean, reliable, and affordable energy to underserved communities across Kenya, Uganda, and Tanzania.

With this expanded facility, d.light has now closed securitized financing with a total combined purchasing value of USD$842 million across five separate facilities since 2020.

d.light will use the facility to scale up its PayGo consumer finance offering to make solar-powered products available to more low-income households and communities without access to electricity. The facility is multi-currency and will enable access to reliable, renewable energy for an estimated ten million people across the three countries over the next two years.

Commenting on the news, d.light CEO Nedjip Tozun said, “The expansion of BLd marks a pivotal moment in our journey to provide affordable solar energy to millions. Securitization has been a crucial innovation that has allowed us to scale our consumer financing offering, unlocking affordability and enabling us to reach more households, improve livelihoods, and contribute to a sustainable future.”

d.light has a proven track record of utilizing securitized finance to support consumer financing for its solar-powered household products in sub-Saharan Africa. It has set up a total of five facilities since 2020 covering Kenya, Nigeria, Tanzania, and Uganda. The combined purchasing value of these existing facilities plus the expanded new facility is USD$842 million.

In February 2024, d.light announced that its USD$110 million securitization facility, Brighter Life Kenya 1 Limited (BLK1) successfully repaid its entire senior debt in full and ahead of schedule from internally generated cash flows – the first facility in the off-grid solar sector to do so.

The funding to expand BLd was provided by Mirova and the facility was arranged by African Frontier Capital.

“Mirova is proud to continue supporting d.light in their mission to provide clean energy for all. This expansion of Bld, provided through our investment strategy dedicated to energy transition in emerging markets, highlights the effectiveness of securitization vehicles in scaling financing for solar home systems, enabling us to reach more households and contribute to a sustainable future,” said Rim Azirar, Deputy Head of Emerging Markets Energy Transition at Mirova.

“We are proud to continue our partnership with d.light and support their efforts in expanding energy access,” said Eric De Moudt, CEO of African Frontier Capital. “The success of BLd demonstrates the effectiveness of innovative financing models in driving social impact.”

26 June 2025: A team of students from Gulu University, Uganda has won the gold award in the 2025 Efficiency for Access Design Challenge for their innovative hydrogel solar evaporator design, a sustainable solution that purifies contaminated water using solar energy and hydrogel materials. Designed for use in Ugandan refugee camps, the system is eco-friendly and low-cost, helping improve access to clean water and electricity.

The Efficiency for Access Design Challenge is a global competition that invites teams of university students to design affordable and energy efficient appliances and technologies that can help accelerate energy access for underserved communities in low-income countries. Now in its sixth year, the Challenge has engaged over 700 students from 40 universities across 17 countries, generating more than 115 project ideas that contribute to SDG 7 – Affordable and Clean Energy.

This year’s silver awards were presented to Makerere University, Uganda, for their eco- solar cassava flash dryer, and Aston University, United Kingdom, for their solar-powered sanitary pad vending machine. Bronze awards went to another team from Makerere University, Uganda, for a smart solar-powered poultry feeding system; Obafemi Awolowo University Ile-Ife, Nigeria, for a solar-powered irrigation system; University of Rwanda, for a solar-powered fishpond aerator; and Kalasalingam Academy of Research and Education, India, for a smart irrigation and fertiliser system. An additional team from the University of Rwanda won the People’s Award for their solar-powered tea leaf harvester.

Jolanda van Ginkel, Head of Portfolio, IKEA Foundation, said: “The ingenuity and commitment shown by these young innovators is exactly what the world needs to accelerate a just energy transition. By focusing on decentralised renewable energy, grid decarbonisation, and productive use of renewables, their solutions empower communities to thrive. At the IKEA Foundation, we are proud to support initiatives that increase energy efficiency and affordability—because access to renewable energy is not just a climate solution, it’s a pathway to opportunity and resilience.”

Throughout the year, the Efficiency for Access Design Challenge team ran webinars, networking and other interactive events for students, which aimed to enhance their understanding of the off-grid appliance sector. Student teams were also paired with industry mentors who provided them with structured guidance to create their projects.

The Challenge is delivered by Energy Saving Trust, co-Secretariat of Efficiency for Access, in collaboration with Engineers Without Borders UK, and is funded by UK aid from the UK government via the Transforming Energy Access platform and the IKEA Foundation.

Following the Grand Final on Thursday 26 June 2025, the Challenge will enter a strategic pause to assess its future direction and ensure alignment with the evolving needs of the energy access sector. Having successfully developed globally responsible design skills in university students around the world, the delivery team is now focused on enhancing its impact by more closely reflecting workforce demands in the off-grid appliance sector.

Emilie Carmichael, Head of International, Energy Saving Trust, commented: “As we mark six years of the Efficiency for Access Design Challenge, it’s inspiring to see how student-led innovation continues to push the boundaries of what’s possible in clean energy access. Each year, we’ve seen young people bring forward practical, inclusive solutions that respond to real needs in underserved communities. We’re proud of the Challenge’s achievements– and hopeful about the continued impact of the students and ideas it has helped to nurture.”

To provide sustainable energy for all, we urgently need to enhance the efficiency and affordability of solar-powered appliances. Globally, 750 million people live without electricity, and many more lack reliable access. Solar-powered appliances can help improve lives and livelihoods and help vulnerable communities build climate resilience. However, less than 2% of the current demand is being met. Rapid innovation and investment are essential to close this gap and achieve universal energy access by 2030.

26 June 2025: The United Nations Development Programme (UNDP) and the Africa Minigrid Developers Association (AMDA) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in accelerating the deployment of sustainable minigrids across Africa. The MoU was signed on 19 June during the Africa Energy Forum (AEF) held in Cape Town, South Africa.

The partnership supports the Africa Minigrid Program (AMP), a USD 50 million technical assistance initiative funded by the Global Environment Facility (GEF) and implemented together with RMI and the African Development Bank, designed to increase investment in solar-battery minigrids and expand energy access in underserved communities.

Under this partnership, UNDP and AMDA will work together across five key areas: technical assistance, capacity building, data and digital innovation, policy advocacy, and resource mobilization. By combining UNDP’s global reach and policy expertise with AMDA’s deep technical knowledge and private sector network, the partnership aims to accelerate the scale-up of minigrid solutions and improve enabling conditions for both developers and governments.

“We know that minigrids are one of the most practical and cost-effective solutions for rural electrification in Africa. But to scale, we must bridge the gap between ambition and bankability,” said Mateo Salomon, Head of Climate Change Mitigation at UNDP. “This partnership with AMDA helps us do exactly that— aligning the development community, government and private sector to turn potential into reality.”

“AMDA is pleased to formalize this collaboration with UNDP, a critical partner in advancing sustainable development across the continent. This MoU underscores our shared commitment to scaling minigrid deployment through data-driven policy advocacy, catalytic financing, and capacity building,” said Olamide Niyi-Afuye, Chief Executive Officer of AMDA. “By aligning our strengths, we aim to create a more enabling ecosystem for minigrid developers and accelerate progress toward universal energy access in Africa.”

This agreement marks a major step in advancing energy access by unlocking the potential of minigrids to drive inclusive and resilient development across Africa. According to the third edition of the Benchmarking Africa’s Minigrids report by AMDA, the African minigrid market is expanding, driving up electrification rates and spurring job creation. However, regulatory bottlenecks, funding issues and supply chain problems are hindering the pace of development and driving up costs. The new report calls for governments, investors, and industry stakeholders to intensify efforts to scale minigrids for Africa’s energy future through data-driven insights.

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About UNDP: UNDP works in over 170 countries and territories, helping to eradicate poverty, reduce inequalities and exclusion, and build resilience so countries can sustain progress. As the UN’s development agency, UNDP plays a critical role in helping countries achieve the Sustainable Development Goals. UNDP supports governments in strengthening institutional capacities, creating enabling regulatory environments, and mobilizing finance to expand access to sustainable energy and other essential services. By focusing on the conditions necessary to translate policy ambition into tangible results, UNDP helps countries accelerate their transitions toward a more just, inclusive, and sustainable future.

About AMDA: The Africa Minigrid Developers Association (AMDA) is an industry association formed by private sector minigrid developers and development partners dedicated to improving the political and financial environments for minigrid companies in Africa. AMDA serves as the unified voice for minigrid developers, working to accelerate their path to scale and sustainability in achieving universal access to sustainable, reliable, affordable, and modern energy across the continent. Currently, AMDA has over 56 member companies operating in 24 African countries.

12 June 2025: The Nordic Development Fund (NDF) has approved funding to support the Rural Energy Access Lab (REAL) with a Booster Grant of EUR 500,000 to develop rural pre-grid electrification programmes in 10 African countries.

This grant contributes to the REAL multi-donor facility and will finance preparation activities aimed at scaling sustainable pre-grid electrification projects designed to provide universal energy access. It will support the REAL initiative to launch, develop, seed, scale, and operate these programmes.

As part of its preparation activities, REAL project partners launched pilot projects in Malawi, Senegal, and Sierra Leone to rigorously test key elements of the Energy-as-a-Service model.

Additionally, REAL project partners are actively engaging with government officials in each country to design and prepare for scaling up the pilots and, ultimately, to launch nationwide programmes once the REAL Facility is operational.

The REAL Facility will serve as an umbrella fund to raise capital for country-level facilities. These will co-finance and support asset and operational companies responsible for the management and operation of 10 scalable pre-grid electrification programmes.

The NDF grant will be allocated to three key areas of the preparation activities:

• Pilots and in-country project development
• Setting up the REAL Facility
• Developing REAL activity and stakeholder engagement

In addition to providing financial support, NDF will actively collaborate with REAL, drawing on its extensive experience in launching and scaling facilities. This includes sharing technical insights and lessons learned to strengthen the capacity of the facility and ensure effective implementation.

By 2030, REAL aims to catalyse pre-grid electrification projects in 10 hard-to-reach countries in Sub-Saharan Africa, deploying Tier 1 solar systems to 50 million people who will benefit from access to energy-as-a-service.

“REAL’s pioneering approach to rural pre-grid electrification brings together donors, governments, funders, manufacturers, and local operators in a new model that has the potential to achieve sustainable, universal energy access. We thank the NDF for their commitment to fund REAL’s preparatory work to scale our initiative, help us accelerate progress toward this urgent goal, and ensure no one is left behind,” says John Keane, REAL Founding Partner and CEO of SolarAid.

“Access to reliable energy is a fundamental driver for development and climate solutions. Yet, in many rural communities in Sub-Saharan Africa, it remains out of reach. We’re proud to support REAL with a Booster Grant, supporting their environmentally sustainable model and access to energy through locally-led, innovative solutions. We look forward to seeing the meaningful impact REAL will create in the regions where these activities are needed the most,” says Satu Santala, NDF Managing Director.

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About NDF: The Nordic Development Fund (NDF) is the joint Nordic international finance institution of the five Nordic countries: Denmark, Finland, Iceland, Norway, and Sweden. NDF focuses on the nexus between climate change and development in lower-income countries and countries in fragile situations. Since the introduction of the climate mandate in 2009, NDF has built a track record of adding value by financing climate mitigation and adaptation projects in close interaction with its extensive network of strategic partners.

About REAL: The Rural Energy Access Lab (REAL) is an independent not-for-profit initiative launched by SolarAid in collaboration with Easy Solar and Moon. REAL works with governments in sub-Saharan Africa to develop public-private partnerships and scale pre-grid electrification programmes that rapidly connect hard-to-reach households to sustainable energy.

6 June 2025: Solar Panda Corporation, a Canadian-solar energy company providing access to energy for off-grid communities in Africa, today announced the acquisition of VITALITE Zambia Limited, a leading off-grid solar provider in Zambia. This move marks a major milestone in Solar Panda’s pan-African growth strategy and enhances its position as a regional leader in clean energy access.

The acquisition expands Solar Panda’s operational footprint into Southern Africa, adding over 100,000 customers to its portfolio and strengthening its vertically integrated supply chain. With VITALITE’s established presence and experienced team, the combined entity is poised to scale rapidly in Zambia. VITALITE Group Limited (Malawi) is not part of this transaction and will continue to operate independently.

“This acquisition represents a strategic leap forward for Solar Panda,” said Andy Keith, Founder & CEO of Solar Panda. “VITALITE brings a strong brand, an experienced local team, and a deep understanding of the Zambian market. By joining forces, we will build upon the foundation that VITALITE has created, introduce Solar Panda’s exceptional products and rapidly grow operations to accelerate our shared mission to deliver clean, affordable energy to more Zambian households.”

VITALITE was the first company to introduce PAYGO solar home systems in Zambia. Since 2013, it has built a strong customer-focused operational base committed to increasing rural electrification through solar energy.

“This is an exciting new chapter for VITALITE Zambia,” said Dr. John Fay, VITALITE Zambia Board Chair. “Partnering with Solar Panda provides the capital, infrastructure, products and strategic support we need to reach scale faster and deepen our impact.”

The acquisition aligns with Solar Panda’s vision to serve millions of households by 2030. Solar Panda is currently raising its Series B equity round to further accelerate international expansion. Zambia will be Solar Panda’s third operating country, adding to its recently announced expansion into Senegal and its existing operations in Kenya.

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About Solar Panda: Solar Panda designs, manufactures, and sells word-class solar home systems that make clean energy affordable and accessible for off-grid homes. The company is headquartered in Canada and currently operates across Kenya and now Sénégal, with plans to expand to more countries across Africa in the near future. Interested candidates are encouraged to apply through our website.

About VITALITE Zambia Limited: VITALITE Zambia Limited is a Zambian-registered social enterprise offering PAYGO solar systems, clean cookstoves, and productive use appliances. It has been recognized for its leadership in energy access, operational excellence, and customer impact since its founding in 2013.

• ‘Designing for Sustainability: Blueprint for a Low-Carbon Cold Room’ serves as a blueprint for off-grid solar companies and practitioners to design sustainable cooling.

5 June 2025: Efficiency for Access has published ‘Designing for Sustainability: Blueprint for a Low-Carbon Cold Room’, a report setting out the principles behind the construction of the world’s most sustainable solar-powered cold room to date. The report details ten best practices for cold room developers and companies who are aiming to mitigate embedded greenhouse gas emissions in their technologies.

Efficiency for Access has published ‘Designing for Sustainability: Blueprint for a Low-Carbon Cold Room’, a report setting out the principles behind the construction of the world’s most sustainable solar-powered cold room to date. The report details ten best practices for cold room developers and companies who are aiming to mitigate embedded greenhouse gas emissions in their technologies.

Developed in Homa Bay, Western Kenya, the cold room pilot was designed to deliver the benefits of a conventional cold room while significantly reducing environmental impact. The pilot was supported by the Siemens Cents4Sense initiative with the facilitation of Siemens Stiftung and the Efficiency for Access Research and Development Fund, with local implementation by We!Hub Victoria Limited (WeTu).

“This ambitious, innovative project has shown the true power of collaboration. Working with passionate partners made it possible to turn an ambitious idea into a real solution. Thanks to this, we have brought to life an innovative, low-cost, low-carbon cold room that’s already making a difference for small-scale traders,” commented Charles Ogalo, Smart Energy Solutions for Africa (SESA) Coordinator, WeTu.

Sub-Saharan Africa faces the highest greenhouse gas emissions from food loss globally. Strengthening cold chain management could help reduce these emissions by two-thirds and significantly cut food loss.

Although solar-powered systems produce very few greenhouse gas (GHG) emissions while in use, they can still generate significant emissions during the production process, especially from raw materials and manufacturing. This project demonstrated that a cold room made from natural and locally available materials could generate minimal greenhouse gas emissions. The final design reduced embedded GHG emissions by 63% and cost by 20% compared to the best-in-class cold room, which is insulated with regulated polyurethane sandwich panels.

“This project is a powerful example of how local design, combined with the use of affordable, locally available materials, can drive down both the cost and carbon footprint of renewable energy-based cooling solutions. When equipment is built with local materials, it becomes more economically viable and easier to repair and maintain—making sustainability truly scalable and rooted in local resilience,” said Richa Goyal, Programme Manager, IKEA Foundation.

Additionally, the standalone solar-powered system saves nearly four times more GHG emissions over a 20-year lifespan compared to grid-connected alternatives, even in regions with relatively clean electricity grids like Kenya.

“The cold room is based on SelfChill solar cooling units, which ensure maximum sustainability by using natural refrigerant and thermal storage to generate cold,” explained Florian Martini, Research and Innovation Manager at solar company Phaesun GmbH, provider of the SelfChill technology. “It is a great success for all those involved in the development and construction of the first prototype of the Low Carbon Cold Room to see that the cold room is now being used and appreciated by the market vendors in Homa Bay.”

Notably, the project calculated the environmental impact of the cold room while it was being designed and built. This enabled the design team to refine the room’s construction efficiently throughout its entire lifecycle.

Jakub Vrba, Senior Research Lead, Energy Saving Trust, co-Secretariat Efficiency for Access commented, “Locally assembled, solar-powered cold rooms can help mitigate GHG emissions, bolster food security, and improve livelihoods. This report demonstrates the value of using life cycle assessment to create high-performing and truly sustainable cooling solutions where they are needed most.”

Victor Torres – Founder of Solar Cooling Engineering (Developer of the SelfChill Approach) noted, “In terms of sustainability, local engagement, replicability, and cost efficiency, there is no better way of enabling access to refrigeration. This cold room in Homa Bay is a first-class innovation born from a purposeful vision. We are more delighted than ever to have been part of this project that made a dream come true.”

About the report

Key recommendations include:

• Multidisciplinary Expertise: Assemble diverse experts and local stakeholders early.
• Local Collaboration: Work with local suppliers and professionals from the start.
• Smart Designs: Use simple, effective designs and optimisation tools.
• Life Cycle Assessment: Use LCA tools for informed design decisions that reduce environmental impact and lower costs.
• Mock-Ups: Test key construction elements with mock-ups.
• Storage Compliance: Ensure design meets storage and food safety regulations.
• Humidity Management: se insulation materials suitable for recommended humidity levels.
• Carbon Reduction: Choose hybrid energy storage solutions to minimise GHG emissions.
• Green Techniques: Implement eco-friendly materials passive cooling technique.
• Cooling Efficiency: Enhance energy efficiency with evaporative cooling and thermal storage.

The full report can be found here.

For more information, comment or interviews, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

3 June 2025: Vittoria Technology is excited to announce it has received funding from the DOEN Foundation to accelerate its pioneering work deploying 2nd-life lithium-ion battery systems on mini-grids across Sub-Saharan Africa.

This support marks a significant milestone in Vittoria Technology’s mission to deliver clean, affordable, and reliable energy to underserved communities, while also promoting circular economy solutions in the sector. By repurposing used batteries, battery life cycles are extended and e-waste is reduced—providing sustainable power systems that are both cost-effective and environmentally friendly. The support from DOEN will allow Vittoria Technology to scale 2nd life battery installations, through its Battery Bank Africa storage-as-a-service platform, while working with 2nd life battery manufacturers and mini–grid operators to build a sustainable market for 2nd life storage products in Sub-Saharan Africa.

“We’re grateful for DOEN Foundation’s trust and support as we scale our impact,” said Liam Murphy, COO and Head of Circularity at Vittoria Technology. “This partnership will enable us to bring sustainable 2nd life storage solutions to more communities, reduce emissions, and increase energy access in areas where it’s needed most. In parallel it allows us to expand on our work with African 2nd life battery manufacturers building a circular battery economy.”

“Partnering with Vittoria Technology allows us to take a significant step towards a circular economy in the African renewable energy sector. By reusing lithium-ion batteries, we extend the lifespan of these valuable resources, reduce e-waste, and contribute to lower CO2 emissions. This project aligns perfectly with our mission to support regenerative economic models that are both ecologically and socially impactful.” – Coen Persijn, Program Manager at the DOEN Foundation

Using the DOEN Foundation’s support, Vittoria Technology will scale 2nd life battery installations in several key markets with the goal of installing over 2 megawatts at dozens of sites by the end of 2027. If you are a mini-grid developer interested in using 2nd life storage solutions please reach out This email address is being protected from spambots. You need JavaScript enabled to view it..

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About Vittoria Technology: Vittoria Technology is an award-winning social enterprise dedicated to achieving progress for people and the planet through sustainable access to clean, affordable electricity. Vittoria Technology applies technical design and creative interventions to scale renewable energy across developing markets in Africa, namely through our Battery Bank Africa (BBA) service.

About DOEN FOUNDATION: DOEN is a driving force behind green, socially inclusive and creative pioneers. DOEN supports initiatives by people and organisations that contribute to a better world in an entrepreneurial, creative and innovative way. Besides supporting these pioneers, DOEN also brings them into contact with each other and to the attention of a large audience. DOEN receives all its funds from the Nationale Postcode Loterij (Dutch Postcode Lottery) and the VriendenLoterij (FriendsLottery).

29 May 2025: Solar Panda, a leading provider of solar home systems in Africa, is excited to announce its expansion into Sénégal. This marks an important milestone in the company’s mission to bring clean, reliable, and affordable electricity to off-grid households across the continent.

With over 350,000 homes powered in Kenya, Solar Panda is now taking its high-quality products and proven model to West Africa. The company offers innovative solar energy systems that provide lighting, phone charging, radios, televisions, and more, all powered by the sun.

To lead this exciting new chapter, Solar Panda has appointed Martin Lemaire as Managing Director for Sénégal. Martin brings extensive experience in the solar energy and last-mile distribution sector and is well-positioned to drive Solar Panda’s growth and impact in the country.

“With our superior products and commitment to customer service, we believe Solar Panda is a perfect fit for families across Sénégal. This launch represents a key step in our broader expansion across Africa, and Martin brings the leadership and experience we need in this new market”, says Andy Keith, Founder and CEO of Solar Panda.

Solar Panda is currently hiring for all roles in Sénégal, including:

• Sales Manager
• Customer Care Manager
• Logistics Manager
• Shop Managers
• Customer Care Agents
• HR, Accounting, and more

Expansion into Sénégal is an important and exciting next step for Solar Panda. We already know from years of experience that our products are the right fit for many families across Africa and have the ability to transform lives. Our new team in Sénégal continues the journey.

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About Solar Panda: Solar Panda designs, manufactures, and sells word-class solar home systems that make clean energy affordable and accessible for off-grid homes. The company is headquartered in Canada and currently operates across Kenya and now Sénégal, with plans to expand to more countries across Africa in the near future. Interested candidates are encouraged to apply through our website.

6 May 2025: Baobab Group announced today the successful completion of the sale of its majority stake in Baobab+ to BioLite. This strategic divestment will enable Baobab+ to leverage BioLite’s technological expertise and operational strengths, accelerating innovation and sustainable growth in renewable energy solutions across Africa. Concurrently, the transaction aligns with Baobab Group’s strategic focus on its core business: providing fi nancial services to small businesses and underserved communities throughout the African continent.

Operating in Senegal, Côte d’Ivoire, Nigeria, and Madagascar, Baobab+ is a prominent provider of off-grid renewable energy solutions. As the company approaches its 10th anniversary, Baobab+ continues to grow rapidly, making a signifi cant positive impact on communities across the region. To date, Baobab+ has equipped more than 425,000 households with solar energy, improving the quality of life for over 2.5 million people. In addition to its primary mission, Baobab+ promotes digital inclusion and has equipped over 263,000 customers across its markets with smartphones and other digital devices, primarily through pay-as-you-go fi nancing plans.

BioLite, founded in 2009 and headquartered in New York and Nairobi, is a social enterprise dedicated to renewable energy solutions. Known for its innovative products across cooking, charging, and lighting, BioLite meets the unique needs of both energy-poor communities and outdoor enthusiasts through its distinctive “Parallel Innovation” model. BioLite has already positively impacted over 14.6 million lives worldwide by offering safe, affordable, and sustainable energy solutions.

BioLite has been Baobab+’s primary supplier and strategic partner in off-grid solar products for the past six years. This change in ownership structure marks a signifi cant milestone, creating opportunities for even greater collaboration, growth, and innovation. With BioLite becoming the majority shareholder, Baobab+ is now well positioned as a vertically integrated provider of renewable energy solutions and a market leader in most of the countries where it operates, poised to champion renewable energy across the African continent.

The new shareholders, BioLite and Norfund, have appointed Kolawole Osinowo as CEO of the Baobab+ Group. Since 2021, he has successfully led the transformation of Baobab+ Nigeria into a Solar PAYGO Centre of Excellence. His solid experience and strategic vision will be instrumental in steering the Group through this next phase of growth and development.

Philip Sigwart, CEO of Baobab Group, commented: “We are proud to have supported Baobab+’s impressive journey over the past decade, enabling it to serve more than 425,000 households across its markets in Africa. Baobab+ has consistently provided high-quality renewable energy solutions, empowering both households and entrepreneurs. Our decision to divest is strategically aligned with our vision, enabling Baobab+ to enter its next growth phase while allowing us to concentrate fully on our mission of delivering fi nancial services to small businesses and underserved communities across Africa.”

”With BioLite’s innovation and Norfund’s support, we are entering a new era—scaling with purpose, deepening our local impact, and delivering sustainable energy solutions across Africa. I’m honoured to lead Baobab+ into this next chapter with a team of talented professionals.” stated Kolawole Osinowo, CEO, Baobab+ Group “We also remain deeply grateful for Baobab Group’s unwavering support over the years; their dedication has been crucial in expanding access to energy and digital solutions for underserved communities.”

“Building on a 6-year close partnership, BioLite is extremely excited to become the new shareholder of Baobab+. This partnership has been in alignment with BioLite’s mission to “Empower people and protect the planet through access to renewable energy”, and we hope to continue on this mission together with Baobab+. We believe that, by tying BioLite and Baobab+ together, we can achieve both tighter operational effi ciencies as well as greater investor confi dence, enabling a fi nancially stable growth platform for the future of both businesses. In addition, BioLite’s carbon fi nance platform will be more effectively applied in Baobab+ markets, leading to both lower consumer prices and healthy profi t margins. Therefore, this transaction will strengthen Baobab+ and enhance its performance in both the medium and long term. BioLite will closely support the Baobab+ operating team to scale the operations, drive profi tability, and deliver impact in these key markets.” Stated Jonathan Cedar, CEO of BioLite.

“For Norfund, as a Development Finance Institution and notable investor in the African distributed Energy landscape, this next chapter for the company encompasses a leap forward and further strengthens the strategy implemented when we fi rst invested. We believe backward integration and consolidation are key for ‘Last mile distributors’ long-term success. Norfund will remain a signifi cant minority investor in the Company as it embarks on this new journey”. Stated Birgit Edlefsen, Senior Vice President at Norfund.

Baobab Group as the Seller was advised by Enexus Finance as M&A advisor, Gide Loyrette Nouel as legal advisor and PwC as provider of the Tax VDD.

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About Baobab+: Launched in 2015 and operating in four African countries, Baobab+ is a social enterprise that supports households and entrepreneurs in their energy autonomy through the distribution of solar kits, with 425,000 households already equipped (+2.5 million benefi ciaries). In addition to this primary vocation, Baobab+ offers digital devices for educational and professional purposes, with more than 263,000 households already equipped. These products benefi t from fi nancing facilities to make them accessible to all.

14 April 2025: Swiss solar water pump innovator ENNOS and Ugandan technology and electronics manufacturing leader INNOVEX have officially launched a groundbreaking partnership aimed at addressing water scarcity in rural and developing regions.

The partnership was inaugurated by Hon. Dr. Monica Musenero, Minister of Science, Technology, and Innovation, on 10th April 2025, at the Deep Tech Centre of Excellence located in Namanve Industrial Park, Uganda. In her address, Hon. Dr. Monica Musenero stated, “The Government of Uganda warmly welcomes this innovative partnership. This smart solar water pumping solution enables rural farmers to affordably acquire irrigation systems through installments, thereby enhancing productivity. It further paves the way for scaling irrigation-as-a-service, significantly improving agricultural output and rural livelihoods. On behalf of the Government of Uganda, I endorse this partnership wholeheartedly and formally launch it”.

Speaking at the event, Douglas Baguma, Managing Director of Innovex, emphasized the significance of this collaboration: “This partnership marks a historic milestone in Uganda’s technological and manufacturing landscape. It demonstrates our commitment to realising African business potential through local technological advancement. By locally manufacturing high-value components, we’re creating employment opportunities, driving innovation, and enabling sustainable economic growth. This aligns perfectly with our vision of empowering communities through cutting-edge, locally developed technology solutions.”

Karin Jeanneret Vezzini, CEO of ENNOS, further commented on the strategic significance of the partnership: “By combining ENNOS’s globally recognized solar water pump controller technology with INNOVEX’s advanced remote monitoring capabilities (REMOT platform), we offer an unmatched solution for efficient, affordable, and sustainable water access. Imagine optimized pump performance, proactive remote management, and actionable data-driven insights—all contributing to sustainable electrification, increased agricultural productivity, and a greener future.”

This partnership is more than just a business collaboration—it represents a fusion of Swiss technological precision and Ugandan innovation, designed specifically to deliver tangible impacts and set new industry standards in solar water solutions. Already, the partnership has secured an initial order of 2,000 units, scheduled for delivery by the end of December 2025. This landmark collaboration has also created 30 direct high-value jobs at launch, with projections indicating a fivefold growth in employment over the next five years. By 2030, the partnership aims to export over 100,000 IoT-enabled solar pumps, significantly contributing to Uganda’s economy through foreign exchange earnings and attracting additional investments.

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About ENNOS AG: ENNOS AG, headquartered in Switzerland, specializes in the development, manufacturing, and distribution of market-leading solar water pump technologies. Their solutions emphasize efficiency, reliability, and affordability, primarily benefiting rural and developing regions globally.

About INNOVEX (U) Ltd: INNOVEX Uganda Ltd is a premier Ugandan electronics manufacturer and technology provider known for its proprietary REMOT IoT monitoring platform. Based in Kampala, Innovex delivers world-class electronics manufacturing services and innovative digital solutions to advance renewable energy adoption and economic development across Africa.