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Q&A: Why Solar Panda expanded to Zambia

Source: Oli Machado-Bowler (third from left)
From the newsletter
Zambia is facing one of its worst power shortages in years, creating a clear opening for off-grid players. Solar Panda has responded by acquiring Vitalite Zambia to speed up its expansion. We spoke with Managing Director Oli Machado-Bowler about why this moment matters, what the market signals show and how PAYGo fits into the company’s plans.
It’s been an exciting year for Solar Panda. Having spent close to ten years in Kenya, the company expanded into Senegal, Zambia and Benin in less than half a year.
Mr Machado-Bowler sees strong upside in Zambia’s off-grid market. “We’re seeing demand from people who weren’t the intended market, which says a lot about the size of the opportunity.”