Announcing the First-Ever Key Performance Indicator Framework for the Off Grid Solar Pay-As-You-Go Sector
…is growing rapidly, especially the segments that use a variation of the Pay-As-You-Go (PAYG) business model, which alone has provided more than 700,000 connections over the last six years in East Africa. PAYG business models are capital intensive and require significant amounts of working capital to scale. While the PAYG industry has raised over USD 300 million capital since 2012, commercial level capital is still needed to finance the increasing…