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 $100 million in expanding its pay-as-you-go offerings and introducing larger setups capable of powering appliances such as refrigerators. Its present . . .
Posted on :Friday , 11th March 2022
According to Future Market Insights' "LED & OLED Displays and Lighting Products Market: Africa Industry Analysis and Opportunity Assessment, 2016-2026," the Africa LED & OLED displays and lighting products market was valued at US$ 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 . . .
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. . .
Posted on :Thursday , 2nd December 2021
Considering Africaâ€™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 . . .
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. . .