Tuesday, 27 March 2018

Orange to Roll Out Solar Project Targeting African Consumers

Source: Bloomberg, 27th March 2018, by Baudelaire Mieu

  • Orange to distribute solar kits in four African countries
  • Paris-based company expands mobile-payment system this year

Orange SA plans to distribute as many as 20,000 solar kits in four African countries in partnership with U.K.-based renewable-energy firm BBOXX as an increasing number of companies seek to roll out off-grid solar power on the continent. (...) The announcement comes as Orange is expanding its business in Africa to counter a drag on phone revenue in its home market. Mettling didn’t say when the distribution will begin, but said the company is targeting between 400,000 and 500,000 solar kits in the next five years. (...)"

Read more at: https://www.bloomberg.com/news/articles/2018-03-27/orange-to-roll-out-solar-project-targeting-african-consumers