Solar firm raises Sh1bn to finance expansion

Kenya has high potential for solar energy generation given high radiation levels from the sun throughout the year. file photo | nmg

A Kenya-based US solar kits firm has raised $10.5 million (Sh1.05 billion) through crowd funding to power local expansion.

Angaza Design, a San Francisco based alternative energy startup that offers technology to manufacturing and distribution companies to make clean energy devices for off-grid consumers, said the new debt finance will also power its regional expansion.

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