Investments made by BII in this company:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $7m | Central Africa | Infrastructure | January 2025 | Active |
Mobile Power Finance Limited
Founded in 2017, Mobile Power operates a battery-as-a-service business powered by small scale distributed solar energy in Sierra Leone, Liberia, Nigeria, and the Democratic Republic of Congo. MOPO offers two patented batteries as alternatives to solar home systems, generators, mini-grids and unreliable grids. Batteries are rented on a pay-per-use basis through a network of agents. There is no deposit or minimum energy usage, enhancing access and affordability. The batteries support various applications, including charging mobile phones, lighting, and productive use equipment like fridges and e-bikes, meeting household and/or micro business energy needs for up to 24 hours.