Tag: Baobab

Business

Baobab+ rebrands to Izili, targets energy poverty

Baobab+ has rebranded to Izili, marking a new phase in its expansion strategy following investment from BioLite and Norwegian development finance institution. According to the company, this announcement reaffirms its role as a last-mile distributor dedicated to extending affordable solar power and digital connectivity to underserved communities across Africa. The CEO of Izili Group, Kolawole […]

Business

Baobab Nigeria disburses N500bn in loans to support MSMEs

Baobab Nigeria, a microfinance bank, has disbursed close to N500 billion in loans to micro, small, and medium-sized enterprises, reaffirming its commitment to financial inclusion and business growth in Nigeria. The bank made this known in a statement on Friday, highlighting its ongoing efforts to empower small businesses through accessible and tailored financial solutions. The […]