Climate Innovation Showcase: Unlocking Off-Grid Power in Africa

25/10/2022
Climate Working Group

MIGA's Risk Mitigation Support Helps Bboxx Deliver Clean Off-Grid Solar Energy in Central and East Africa

Last year, MIGA issued guarantees to help Bboxx, a company that provides households with access to off-grid solar power, expand its operations in Kenya, Rwanda, and the Democratic Republic of the Congo.

Hoda Moustafa, Global Head of Portfolio Management at MIGA, speaks with Mansoor Hamayun, CEO of Bboxx, as well as Ashwin West of African Infrastructures Investment Managers (AIIM), and Harry Guinness of Lion's Head, whose companies are the guarantee holders of this transaction, focusing on why this project is exciting and innovative, what roles they play, and why MIGA's risk mitigation support is critical.

Visit the link below to access the video on the BU CWG homepage

https://www.berneunion.org

MIGA outline a transaction in Africa that includes an equity investor and a non-traditional partnership model on PRI

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