Baobab Group sells majority stake in Baobab+ to BioLite

Sunnewsonline | 15-05-2025 03:57pm |

Baobab Group yesterday announced the successful completion of the sale of its majority stake in Baobab+ to BioLite. This strategic divestment will enable Baobab+ to leverage BioLite’s technological expertise and operational strengths, accelerating innovation and sustainable growth in renewable energy solutions across Africa. Concurrently, the transaction aligns with Baobab Group’s strategic focus on its core [...]The post Baobab Group sells majority stake in Baobab+ to BioLite appeared first on The Sun Nigeria.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.