EDF targets renewables in Kenya with equity investments in Econet Energy and BBOXX
Already a shareholder of SunCulture, the Kenyan specialist in solar irrigation systems, the French energy company EDF increases its presence in the country with two shareholdings in distributed solar and off-grid solar kits.
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▪ EDF targets renewables in Kenya with equity investments in Econet Energy and BBOXX
▪ Already a shareholder of SunCulture, the Kenyan specialist in solar irrigation systems, the French energy company EDF increases its presence in the country with two shareholdings in distributed solar and off-grid solar kits.
▪ https://www.africabusinessplus.com/en/807081/edf-targets-renewables-in-kenya-with-equity-investments-in-econet-energy-and-bboxx/
Led by Valérie Levkov, EDF Group Senior Vice President Africa and the Middle East, the energy company will take a 50% stake in Econet Energy Kenya, a subsidiary of Distributed Power Africa (DPA), which belongs to Strive Masiyiwa‘s Econet telecom group. It will also take a 23% stake in BBOXX Kenya, a subsidiary of the British solar solutions specialist led by Mansoor Hamayun.
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