Market News | LIGHTEXPO Ethiopia 2022

Market News

  • Sun King Raises $260 Million To Expand Access To Sustainable Energy In Africa And Asia.

    Posted on :Monday , 2nd May 2022

    Sun King, one of Africa's and Asia's top solar enterprises, has raised $260 million in series D funding to expand access to off-grid energy technology throughout the two continents.

    Sun King (previously Greenlight Planet) intends to invest $100 million in expanding its pay-as-you-go offerings and introducing larger setups capable of powering appliances such as refrigerators. Its present . . .

  • By 2026, The Market For Led And Oled Displays And Lighting Products In Africa Will Have Reached Its Peak.

    Posted on :Friday , 11th March 2022

    According to Future Market Insights' "LED & OLED Displays and Lighting Products Market: Africa Industry Analysis and Opportunity Assessment, 2016-2026," the Africa LED & OLED displays and lighting products market was valued at US$ 684.9 Mn in 2015 and is expected to grow at a CAGR of 17.8% from 2016 to 2026. "Increasing government backing and the introduction of new government projects . . .

  • Why Africa Is Moving Towards Led Light Bulbs

    Posted on :Wednesday , 5th January 2022

    With the increasing need for lighting solutions in Africa, a consensus is emerging on the necessity for LED light bulbs, which are environmentally friendly lighting products.
     

    Man has discovered techniques to ensure that he has light during the night so that he can continue with his activities unhindered since the dawn of time. However, in comparison to what we have today, the li. . .

  • Bluetti Lights up the First Home in Africa Under Project LAAF (Lighting An African Family)

    Posted on :Thursday , 2nd December 2021

    Considering Africa’s potential of generating enormous solar power, the current situation in the continent is gruesome and actually quite opposite considering the energy generation. Over640 a million people in Africa do not have access to energy, while only 40% of people have electricity connections. However, the per capita consumption is significantly lower at 180 kWh, while . . .

  • AECF Launches a $1.2 Million Innovation Fund to Unlock Renewable Energy Potential to Create New Businesses in Africa

    Posted on :Wednesday , 7th July 2021

    The African Enterprise Challenge Fund (AECF) has launched a $1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities.

    Businesses and entrepreneurs in Burkina Faso, Ethiopia, Kenya, Liberia, Mali, Mozambique, and Zimbabwe can apply for funding. The fund is aimed at strengthening market readiness of emerging innovations, as well as secur. . .

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