EDF said it had bought a 50% stake in solar energy firm Econet Energy Kenya and a 23% stake in off-grid energy company Bboxx Kenya. The financial terms were not disclosed.
(Reporting by Sudip Kar-Gupta; editing by Jason Neely)
French energy group EDF buys stakes in Kenyan companies
February 25, 2021 at 03:45 am EST
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PARIS (Reuters) - EDF has struck deals to buy stakes in Econet Energy Kenya and Bboxx Kenya, it said on Thursday, as the French state-controlled power firm looks to boost its presence in Africa and in renewable energy.
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