A b2b ecosystem to help solar in Africa reach its full potential.
Mpower works with local entrepreneurs who already have a distribution network and a customer base to help emerging markets get access to energy and financial services. The solution gives access to high-quality solar bundles for both off-grid and on-grid markets, as well as low-cost financing and software made by the company to help run operations more efficiently. It has three parts: software, hardware, and financing. MPower creates new ways for end users to pay that reduce their credit risk. This lets solar and clean energy reach their full potential in emerging markets.
Positive facts about MPower Ventures
Reduces CO2 emissions up to 250000 t in only 3 years,
Average pay back time is 18 months
Savings up to 100 USD/year per household with one small lighting kit or solar battery
Reduces spendings on lighting from 10% to 2% of households income]
MPower Ventures website : https://mpower.africa/
