A new solar company, Mwafrika Solar has launched in Uganda with promise to shake the energy sector.
Speaking at the launch event held at Selas House in Bugoloobi on Wednesday, Peter Mubanda, the Executive Director at Mwafrika Solar said that they started the company to get involved in providing solutions to people who don’t have access to power.
He added that their business model is to serve both low-end and high-end consumers, revealing that their solar products can go for as low as Shs130,000.
“We are going to operate like a supermarket. We want people to walk into our shops and choose the solar products they want,” Mubanda said, adding: “We want to be in 50 major towns of Uganda.”
He noted that the company will be fully in operation come January 2018. For the start, the company will have five dearlships/shops in Kampala and one in each of the following towns; Entebbe, Jinja, Masaka, Gulu, Arua, Masindi, Lira, Adjumani, Tororo, Hoima, Mbarara, Fort Portal and Soroti.
Mubanda added that they are partnering with consumer financing institutions to help Ugandans easily access their solar products including solar home systems, solar home lighting, solar water heaters and solar irrigation systems.
He revealed that so far they have partnered with Pride Microfinance, Opportunity Bank, Postbank and Vision Fund. Customers of the above financial institutions will have an opportunity to buy solar products at affordable interest rates.
Isaac Mulindwa, the Sales Director at Mwafrika Solar said they will have 300 agents by end of January 2018. These will help the company in marketing and selling solar products.
“With solar, you avoid monthly electricity bills and power outages,” he said emphasizing the importance of solar.
“We have a variety of high quality products at competitive prices,” he added.