Industry Newsroom

Investec Asset Management Backs Off-grid Solar Home Systems Company Mobisol (Sub-Saharan Africa)

Investec Asset Management’s African private equity arm has invested in Germany-based Mobisol, a provider of off-grid solar home systems in Africa. Development finance institutional DEG also participated in the transaction. Mobisol has installed more than 60,000 solar home systems in Tanzania and Rwanda and is entering the Kenyan market. Financial details of the transaction were not disclosed.