- Bboxx, the British data-driven platform, plan to move its Headquarters to Rwanda to get closer to its African market.
- Bboxx has expanded into 11 African markets in 13 years, providing electricity to more than 10% of Rwanda’s households.
Bboxx, the British data-driven platform that connects consumers and deploys innovative products, including energy solutions across Africa, says it will move its Headquarters to Rwanda as it seeks to get closer to its African market. The decision was revealed at the UK-Rwanda Business Forum in Kigali, Rwanda.
The British company plans to train nearly 1000 more Rwandans in the next five years and invest USD 100 million. Bboxx adds that it has grown significantly since it first began tackling Africa’s energy poverty challenge.
Bboxx has expanded into 11 African markets In 13 years, providing electricity to more than 10 per cent of Rwanda’s households. The firm has a range of essential products and services, from solar energy to include pay-as-you-go clean cooking solutions, water pumps, smartphones, and even electric vehicles.
According to Bboxx, Rwanda has modernised and transformed immeasurably over the past 20 years, making it an opportune place for the Company to base itself, with many business-friendly policies, including the Kigali International Financial Centre and upcoming Start-up Act.
Francis Gatare, Chief Executive Officer of the Rwanda Development Board, says, “Rwanda’s transformation into a hub for tech and innovation is no coincidence; it is the result of deliberate policies, a conducive business environment, and our commitment to offering a competitive jurisdiction.”
Mansoor Hamayun, CEO and Co-Founder of Bboxx says that to revolutionise access to essential products and services across Africa, it is only fitting that the firm position itself at the heart of the continent. The company says it serves over 3.6 million people by connecting customers to “life-changing” solutions across Africa and accelerating the economic transition.