Distributed Power Africa (DPA), a subsidiary of Econet Wireless Global, and EDF (Électicité De France) a world leading electricity company, have signed a partnership cooperation agreement to jointly develop commercial and industrial (C&I) and hybrid energy solutions for Nigeria and African markets.
The collaboration is expected to focus on the development of distributed-energy solutions based on solar panels associated with energy back-up systems such as batteries. Both companies plan to deploy their solutions in sub-Saharan Africa, which initially includes South Africa, Ivory Coast and Nigeria, with the intention to expand into other key markets.
Frequent power-cuts and a lack of basic access to electricity grids is an on-going obstacle to business growth in many African countries on both a micro and macro level. This means that the cost of doing business across different industries, especially manufacturing across the continent is extremely high.
In fact, some Sub-Saharan…
