AS Published on Sunday 20 October 2019 - n° 294 - Categories:Africa
What are the lessons to be learned from the failure of Mobiol and Solarkiosk?
Pay-as-you-go is a way of offering a tailored solution to clients with limited financial resources who are in remote rural areas, particularly in Africa. This business model has attracted $600 million in funding and is attracting growing interest from large private groups such as EDF, Engie, the Portuguese EDP, Total, ...
The market is highly competitive and requires large amounts of capital to finance the installations prior to the offer.
Characteristics of the offer