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Mobisol

Mobisol receives follow-on investment by Investec Asset Management, secures over US$25 million funding in last 6 months

Investec Asset Management (“Investec”), through its African private equity capability, has made a follow-on growth equity investment alongside its consortium partners into Mobisol – meaning that Mobisol has secured over US$25 million funding in the last six months. Investec made an initial equity investment into Mobisol in late 2016, leading a consortium that included the […]

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

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 […]

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Baobab+ & Mobisol join hands to bring the PAYG solar revolution to Côte d’Ivoire

Mobisol and Baobab+, a principal solar distributor in West Africa, have joined hands in a partnership to boost the solar revolution in Côte d’Ivoire (Ivory Coast). Baobab+ will be distributing Mobisol’s all-in-one solar system throughout the country. The cooperation combines Mobisol’s strengths in provision of reliable high-tech solar hardware and innovative software solutions with Baobab+’s […]

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Mobisol gears up for growth with eight-digit US dollar SPV financing

Mobisol and two energy funds managed by responsAbility, a leading asset manager in the field of development investments, have signed an off-balance sheet debt deal. The cooperation will fuel the continued growth of Mobisol in Tanzania and provide financing for electrifying more than 15,000 households and small businesses. The deal is one of the largest […]

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Mobisol Signs United Nations Global Compact

On 15 August 2017, Mobisol became an official participant in the UN Global Compact network, the world’s largest corporate responsibility initiative with over 9,500 business and non-business participants in 160 countries. As a social business, Mobisol steers its strategy towards the global aims communicated through the Sustainable Development Goals (SDGs). In order to build its […]