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Through a pay-to-own model , it avails its products to individuals in Sub-Saharan Africa that are off-grid owing to underdeveloped national power grids. In sub-Saharan Africa, 650M people do not have access to electricity. 550M do not have access to the Internet and 800M do not have access to financial services.
The renewable energy firm revealed the plans today when it announced the signing of a voluntary commitment with the United Nations to grow its energy market in sub-Saharan Africa and South Asia. The company plans to have additional technological and business model innovations, and the use of AI and IoT to remotely manage its fleet.
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