AIIM to Invest $31M in Off-Grid Solar Solutions Provider BBOXX
25 Jan 2019

BBOXX, an affordable clean energy solutions provider to off-grid communities in Africa, has announced that Africa Infrastructure Investment Managers (AIIM), through its AIIF3 fund, is investing $31 million for a minority stake in the company.

BBOXX has expanded its footprints in Rwanda, Kenya, and the Democratic Republic of Congo (DRC). This investment is expected to help the roll-out of BBOXX’s solar plus storage systems, which are available on a pay-as-you-go basis via mobile money.

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