2030 Finance | January 28, 2017

More evidence of demand for off-grid solar products in Africa

The team at


Fenix International said it has doubled its customer base to 100,000 from 50,000 just 12 months ago.

That’s about 17 percent of all solar users in Uganda, where 80 percent of the population lacks access to electricity.

Pay-as-you-go solar products have exploded across Africa in recent years, as costs have fallen and mobile payments and other innovations in finance have opened credit for unbanked and underbanked customers.