Broadband

Sun King Parent Firm Greenlight Planet Raises $60M to Finance its Off-Grid Solar Business in Africa

Sun King Parent Firm Greenlight Planet Raises $60M to Finance its Off-Grid Solar Business in Africa

Broadband, Business
Sun King solar brand’s parent firm Greenlight Planet has raised $60m in equity and debt led by London-based private equity fund manager Apis Partners with participation from existing shareholders Eight Roads Ventures and Bamboo Capital Partners. Debt investments included new disbursements from the company’s earliest institutional lenders, Deutsche Bank and Global Partnerships, as well as from SunFunder, PG Impact Investments, responsAbility and SIMA Funds. Greenlight Planet says it will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia.There, over a billion people lack reliable access to electricity, finding it too expensive or unavailable. According to Patrick Walsh, Co-Foun
Solar Project Brings Relief to Malawi Health Facilities

Solar Project Brings Relief to Malawi Health Facilities

Broadband, Governance
As part of its ongoing commitment to developing the healthcare infrastructure in Malawi, the country’s Ministry of Health, through the Global Fund Project Implementation Unit (PIU), has embarked on a $3,7-million project to install solar energy at 85 health facilities nationwide. In an interview with Malawi’s The Nation newspaper, the Ministry of Health’s Chief of Health Services, Dr Charles Mwansambo, said that the initiative aims to ensure seamless delivery of healthcare services in the face of prolonged power outages the country is currently experiencing. “Our Global Fund grant ends on December 31st this year, and we are grateful that we could use part of it for this initiative,” he said. “The goal is to prioritise saving lives and curbing power disruptions, especially in key hospit
Satellite Broadband to Unlock Economic Growth in Rural Uganda

Satellite Broadband to Unlock Economic Growth in Rural Uganda

Broadband
The African Development Bank projects that Uganda's GDP will grow from 5.1 per cent in 2017 to 5.8 per cent in 2018. Among other factors, the government has highlighted the role of information communications technology (ICT) as a key enabler for this trend toward growth. As key stakeholders in the country continue to promote the use of ICT for economic and social growth, Uganda's Internet penetration has increased in the last two years from 31 per cent in 2015 to 53.9 per cent in the first quarter of 2017, according to the Uganda Communications Commission. In East Africa, Uganda is second only to Kenya in terms of Internet penetration. While this figure is significant, a section of Uganda's population still lacks Internet access. A critical issue is that many live in rural areas t...
Mobisol largest off-grid provider in East Africa with 10 MW installed capacity

Mobisol largest off-grid provider in East Africa with 10 MW installed capacity

Broadband, Business, Technology
Mobisol, a Germany-based provider of decentralized solar solutions, has successfully installed a capacity of 10 MW and electrified over 500,000 people in East Africa to date. The company fights global climate change by offsetting 50,000 tons of CO2 equivalent per year through smart rent-to-own solar systems, benefitting communities in Tanzania, Rwanda and Kenya. Mobisol provides solar solutions beyond lighting and focuses on the development and supply of large solar systems that power a range of energy-efficient household and productive use appliances. While currently distributing business appliances such as multiple phone chargers and barber salon packages, the company plans to increase its offering around productive-use appliances for small and medium enterprises in 2018. As pa...
Safaricom invests into the home internet market traditionally dominated by Jamii Telecom, Wananchi Group, Telkom Kenya and Liquid Telecom

Safaricom invests into the home internet market traditionally dominated by Jamii Telecom, Wananchi Group, Telkom Kenya and Liquid Telecom

Broadband, Internet
In line with changing lives in Kenya by making homes more fun and great for work and learning, Safaricom is now providing Home Fibre. The Listed telecom operator has introduced four packages, Platinum, Gold, Silver and bronze, for its Internet to homes offering as it makes an aggressive play to grow its market share.  The Safaricom Fibre allows users to have fast, reliable and unlimited internet access from the comfort of their home. After registration, a user will be given a router and access to credentials that will enable them to have both Wireless and LAN access, with no installation charges. In the new strategy, Safaricom will charge Sh2,500 for bandwidth of 5 megabits per second (Mbps) and in the bronze package and Sh9,999 for 40Mbps speeds for platinum customers. The