OUR HERITAGE

Bboxx

US$10MM Debt Facility for a Pan African Off-grid Electricity Provider

Delphos Financial Advisor Bboxx
Delphos Financial Advisor Bboxx

Bboxx is a pan-Africa off-grid electricity (“OGE”) player with operations in West, Central, and East Africa.

Delphos assisted Bboxx DRC to secure a US$10MM senior debt facility from the U.S. International DFC as part of the Distributed Renewable Energy Call for Applications. The proceeds will finance long-term working capital for supply expansion of Solar Home Systems in the DRC.

Democratic Republic of the Congo, Energy and Natural Resources, Sustainable Energy, Solar PV, Africa, Capital Raising, 2023, SDG

Sector

Energy and Natural Resources

Amount Raised

US$10,000,000

Deal Type

Capital Raising

Unique Challenge

Sub-Saharan Africa’s electrification rate was only 45% in 2020,with approximately 600 million people with access to electricity.

Sub-sector

Sustainable Energy, Solar PV

Year

2023

Type of Financing

Debt

Deal Impact in Numbers

  • Over 270,000 solar home systems installed
  • Nearly 100,000 tons of CO₂ emissions avoided annually
  • Job creation across local distribution networks

Lender

DFC, Shell Foundation

SDGs

SDG 7 Ensure access to affordable, reliable, sustainable and modern energy for allSDG 8 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for allSDG 9 Reduce inequality within and among countriesSDG 10 Reduce inequality within and among countriesSDG 12 Ensure sustainable consumption and productions patternsSDG 13 Take urgent action to combat climate change and its impacts

Borrower

Bboxx Ltd

Deal Impact in Lives

  • Off-grid households and rural communities
  • Small businesses and local entrepreneurs
  • Local employees and distribution agents

Location

Democratic Republic of the Congo

Democratic Republic of the Congo Bboxx Financial Advisory Delphos