Solar energy firm MyJouleBox secures US$1.8m funding from ElictriFi

BENIN – MyJouleBox, a French solar energy company, has signed a US$1.8 million funding contract with ElectriFi to provide Solar Home Systems (SHS) in the Republic of Benin and to hire 200 additional staff. The company also wants to grow in Burkina Faso and Togo, as well as expand its position in the Beninese market. EDFI ElectriFi is expected to inject 1.5 million euros (US$1.5 million) alongside other funders with the aim of creating 31,000 new connections offering a sustainable and reliable source of energy to 155,000 consumers. Electrification Financing…

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