Baobab plus solar
Baobab+ is now developing access to energy in West Africa (Senegal, Côte d’Ivoire, Mali) and Madagascar, through classic loans for Microcred clients or through Pay-As-You-Go models to make solar products accessible to all. In its continued mission to facilitate access to energy for households in rural areas, Baobab Plus, a subsidiary of the Baobab Group specialising in solar energy and digital products, has just been granted EUR 5 million in financing by Symbiotics, an impact investment platform. NEW YORK/NAIROBI, May 6th, 2025: Baobab Group announced today the successful completion of the sale of its majority stake in Baobab+ to BioLite. This strategic divestment will enable Baobab+ to leverage BioLite's technological expertise and operational strengths, accelerating innovation and. Baobab+ wishes to take part in this revolution by electrifying and digitizing rural areas in Africa.
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