British-based solar energy provider BBOXX has completed a significant funding round of approximately $6m, which will accelerate the company’s vision of improving access to energy across Africa and the developing world. Sources close to BBOXX reveal that in Europe, 4,400 single investors took part in the crowdfunding, investing an average of €500-€600. The fundraising, the largest ever via crowdfunding in Africa for solar power, should benefit more than 200,000 people with no or limited access to power in these countries. The UK-based energy solution provider is leading the solar revolution with innovative products and unique business model. The company has grown quickly with over 500,000 customers worldwide and 100,000 products in service since it was founded in 2010.

Source: The North Africa Journal March 07, 2019 16:41 UTC