AfrElec: Bboxx acquires solar group PEG Africa

Bboxx, a British power company, has purchased solar energy provider PEG Africa, giving it access to new markets in West Africa (Senegal, Côte d'Ivoire, Ghana and Mali).

“Following the acquisition, Bboxx will have over 250 shops and 4,000 staff, positively impacting the lives of 3.5mn people,” a company statement said, noting the company will now operate in 10 different countries.

PEG Africa is one of West Africa’s largest distributed energy providers.

Bboxx is a platform that focuses on energy poverty and the lack of access to essential products and services across Africa, such as clean water.