Bboxx and EDF Loans $11m for electrification

  • Solar home system providers Bboxx and Électricité de France (EDF) in Togo are getting an $11 million loan from African Development Bank (AfDB).
  • According to Power Africa, 57% of Togolese still do not have electricity access, most of whom are in rural areas.

Solar home system providers Bboxx and Électricité de France (EDF) in Togo are getting an $11 million loan from African Development Bank (AfDB) to expand their activities in rural areas. The Off-Grid Energy Access Fund of the Energy Inclusion Facility (OGEF EIF) finances Togo’s electricity access.

Bboxx and EDF have provided access to electricity to 300,000 people through this partnership. The loan granted by OGEF will aid the two companies in electrifying 1.5 million people by 2030, in line with the Togolese authorities’ policy of electrifying the entire rural population by 2030. According to Power Africa, 57% of Togolese still do not have electricity access, most of whom are in rural areas.

As part of their partnerships, Bboxx and EDF received a grant from the Togolese government in 2019 to install solar home systems in rural households. In addition, Lomé has supported both companies as part of the “Cizo” project underway since 2019 to electrify 2 million people in rural areas.

Leave a Reply

Your email address will not be published. Required fields are marked *