Social impact investor Oikocredit and EU-funded Electrification Financing Initiative (EDFI ElectriFI) will each invest $4 million into solar home systems company Solar Panda.
Headquarted in Canada and Nairobi, Solar Panda designs, manufactures and distributes pay-as-you-go (PAYGo) solar home systems (SHS) to low-income communities in Kenya. Launched in 2017, the company has expanded to more than 200,000 homes through 37 branches in Kenya, making it one of the fastest-growing companies in the sector.
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