Is the African Solar Revolution Really a Data Revolution?

The biggest story in African solar markets may have nothing to do with solar at all.This week news broke in Bloomberg that the impact investment fund of the world’s largest utility ENGIE Rassembleurs d’Energies, co-led a new $20 million Series C investment with KawiSafi Ventures in leading beyond the grid solar company BBOXX. This isn’t the first time BBOXX has made news. They pioneered the world’s first off grid solar securitization and have backing from high-profile impact investors like Khosla. But this time is different. Kawisafi, a 100 million USD fund anchored by Green Climate Fund making its first investment is itself big news. But even more important is that fact that ENGIE (formerly GDF Suez) is, simply put, a giant. With annual global revenues exceeding 74 Billion Euros the…

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