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USAID/DIV (https://bit.ly/3MnYG6V), USAID’s open innovation program, recently awarded a grant to Baobab+ (www.BAOBABPlus.com), the leading distributor of
The importance of energy access was emphasised by a recent development finance investment in home solar power.
Liberia: Cllr. Kanio Bai Gbala Receives Franco-Africa Award Liberia: Cllr. Kanio Bai Gbala Receives Franco-Africa Award Share MONROVIA – The Acting Executive Chairperson of the Liberia Anti-corruption Commission (LACC), Cllr. Kanio Bai Gbala has emerged as a 2021 Young Leader of the French-African Foundation. Selected from among nearly 3,000 African and French candidates between the ages of 28 and 40, the 100 2021 Young Leaders represent the results of a grueling month-long selection process that involved an independent jury of decision-makers drawn from public life and the business world...
Solar home systems startup Baobab+ raises €4 million to expand in Côte d’Ivoire and Senegal
(Ecofin Agency) - The French solar kit provider Baobab+, which focuses on West Africa, obtained a loan of €2mln ($2.3 million) from the investment bank Lion's Head Global Partners and Triple Jump, an emerging markets fund manager. The money will support the beneficiary’s expansion in Senegal, where the company has equipped more than 100,000 families mainly in rural areas since the end of 2015. “While only 33% of the Senegalese population has access to energy in the countryside, this funding will help remedy the situation and allow us to expand our solar kit distribution network through...