African Infrastructure Investment Fund 3 (AIIF3)
BBOXX is a next generation utility platform, developing and implementing solutions to provide affordable, clean energy to off-grid communities in the developing world, through the provision of solar home systems and related products, on a pay-as-you-go basis, utilizing mobile money. BBOXX is vertically integrated, managing every part of its customer experience. Its market leading products and appliances coupled with its SMART Solar platform bring machine-learning and customer experience optimisation to rural Africa.
AIIF3 has acquired an equity exposure to three of BBOXX’s portfolio companies; namely BBOXX Kenya, Rwanda and the DRC, via a holding company called Beyond Energy Investments. Across the three markets, BBOXX has rolled out in excess of 100,000 solar home systems and is currently expanding its product offering to include other value-add services.