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Solar Panda acquires VITALITE Zambia to expand reach

PRIVATEJun 13, 2025

Acquiring Company

Solar Panda

Acquired Company

VITALITE Zambia

LusakaRenewable EnergyEnergyRenewable EnergySolar

Description

Solar Panda Corporation has acquired VITALITE Zambia Limited, boosting its operations in Southern Africa. This acquisition adds over 100,000 customers to Solar Panda’s portfolio and strengthens its supply chain. With this strategic move, Solar Panda aims to enhance clean energy access in Zambia. The deal aligns with the company's vision to serve millions of households across Africa by 2030.

Quick answer

Solar Panda is acquiring VITALITE Zambia, announced June 13, 2025.

How much did Solar Panda pay for VITALITE Zambia?
The deal value was not disclosed.
What does Solar Panda do?
Solar Panda is a social enterprise providing smart, low-cost solar power to communities across Africa, enabling families and small businesses to flourish and grow.
Where are Solar Panda and VITALITE Zambia based?
VITALITE Zambia is based in Lusaka, Lusaka Province, Zambia.
Who are the decision-makers at Solar Panda?
Fundz holds 1 contact at Solar Panda. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Renewable Energy and Energy

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Company Information

Company

Solar Panda

About

Solar Panda is a social enterprise providing smart, low-cost solar power to communities across Africa, enabling families and small businesses to flourish and grow. Our high-quality solutions provide customers living without electricity access to clean, safe and sustainable solar energy through a unique rent-to-own business model. Customers make a small down payment followed by daily or weekly payments, equivalent to their existing fuel costs, using mobile technology to unlock energy and then they own the unit outright as quickly as 1 year.

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Frequently asked

Who acquired VITALITE Zambia?

VITALITE Zambia was acquired by Solar Panda. The deal was reported on June 13, 2025. Solar Panda is a social enterprise providing smart, low-cost solar power to communities across Africa, enabling families and small businesses to flourish and grow. Solar Panda is privately held and operates in Renewable Energy.

When did Solar Panda acquire VITALITE Zambia?

Solar Panda's acquisition of VITALITE Zambia was reported on June 13, 2025. Solar Panda Corporation has acquired VITALITE Zambia Limited, boosting its operations in Southern Africa. This acquisition adds over 100,000 customers to Solar Panda’s portfolio and strengthens its supply chain. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does VITALITE Zambia do?

VITALITE Zambia Limited is a prominent off-grid solar provider in Zambia, known for pioneering PAYGO solar home systems in the region since 2013. The company is dedicated to enhancing rural electrification and is recognized for its customer-centric approach. It is privately held, operating in Energy, and is based in Lusaka.

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