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Solar energy is Madagascar’s key to boosting electricity in rural areas

Groupe Filatex is in talks with Bboxx on a partnership to extend the clean-energy platform’s services to Madagascar, Filatex chief operating Officer George Condé tells The Africa Report.

The discussions, which are at an early stage, are to analyse whether Bboxx’s business model can be adapted to generate solar power for rural Madagascar, says Condé. Filatex is a Malagasy family-owned real-estate company which has expanded into solar and claims 1 million solar customers in the country.

Bboxx operates in countries including Democratic Republic of Congo, Rwanda and Kenya. Its model of using solar-powered systems as a starting point for delivery of further services such as television content has attracted partners such as France’s CANAL+ and private-equity investors such as the African Infrastructure Investment Managers (AIIM). Last week AIIM, which has a stake of about 30%, told The Africa Report that it will invest more money into Bboxx to finance growth.

Read the full article on The Africa Report