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Beacon Power Services: harnessing data to drive Africa’s energy transition

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Private Sector & Development #44 - Mobilising capital: for a new financing model

How can we scale up the mobilisation of private capital? While investment needs in developing countries run into trillions of dollars and public resources are no longer sufficient to meet these, the involvement of private investors has become essential.

On a continent where power cuts are still a regular feature of the daily lives of households and businesses, a start-up intends to become a game-changer. Beacon Power Services (BPS), with the backing of Proparco, is developing AI-based digital solutions to help distributors reduce their losses, manage their networks more effectively and improve service quality. A report from Nigeria.

Our interviews with Bim Adisa

Key figures

  • 50 million consumers and businesses
  • 200 people employed
  • 8 countries across Africa

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