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8 July 2022

Baobab+ receives EUR 5 million

Baobab+ receives EUR 5 million

In its continued mission to facilitate access to energy for households in rural areas, Baobab Plus, a subsidiary of the Baobab Group specialising in solar energy and digital products, has just been granted EUR 5 million in financing by Symbiotics, an impact investment platform.

This funding will allow Baobab Plus to strengthen its presence in rural areas of Nigeria and DR Congo in particular, where more households and entrepreneurs will be equipped with solar kits, and thus have access to safe and clean energy.

You can read the press release here.