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Bboxx reinforces Africa commitment with headquarters’ relocation to Kigali

By IGIHE
On 30 January 2024 at 03:13

Bboxx, a data-driven super platform, has reaffirmed its dedication to Africa by relocating its headquarters from London to Kigali, underlining its commitment to being an Africa-first entity. The strategic move is accompanied by plans to train approximately 500 Rwandans over the next five years and a substantial $100 million investment in the country. The announcement, made at the UK-Rwanda Business Forum in Kigali, coincides with Bboxx’s ambitious plans for the year, aiming to expand its impact tenfold and reach 36 million people by 2028 through a significant partnership with EnerTech.

Having initiated its on-the-ground operations in Rwanda 13 years ago, Bboxx currently provides electricity to over 10% of households in the country, diversifying its offerings to include various essential services and products. The company has also expanded its footprint into 11 African markets.

Francis Gatare, CEO of the Rwanda Development Board, expressed his approval, stating, "Bboxx’s decision to relocate its headquarters to Kigali is a welcome decision and aligns with our efforts for Rwanda as a magnet for smart, sustainable investments. Our unique ecosystem offers fertile ground for companies like Bboxx to innovate and expand, signaling to the world that Rwanda is open for business and ready for the future."

Positioning at the Core of Africa’s Energy Industry

The move to Rwanda places Bboxx at the epicenter of Africa’s rapidly evolving energy and technology sectors, enhancing its access to crucial markets.

Mansoor Hamayun, CEO and co-founder of Bboxx, commented on the strategic relocation, stating, "In our journey to revolutionize access to essential products and services across Africa, it’s only fitting that we position ourselves at the heart of the continent. This move to Kigali not only brings us closer to the communities we serve but also cements our commitment to be an Africa-first, data-driven super platform, transforming lives and unlocking potential at an unprecedented scale."

This relocation is part of a series of recent developments for Bboxx, including its partnership with EnerTech, expansion into Burkina Faso, and securing a loan to accelerate clean electrification delivery in Togo.

Bboxx currently provides electricity to over 10% of households in the country, diversifying its offerings to include various essential services and products.

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