Sun King and Ecobank Zambia: democratizing access to low-cost electricity.
For Sun King, this partnership represents a key opportunity to expand its customer base in Zambia, where 60% of the population has no access to reliable electricity. Thanks to Ecobank Zambia's extensive banking network, Sun King can reach a wider audience, including high-end customers of the Premier Banking Lounge program . The partnership also complements its existing pay-as-you-go loan offering with financing options tailored to the needs of households and businesses. With an increasing focus on emerging markets(95 million customers in Asia and Africa), Sun King has established itself as the benchmark for sustainable, affordable access to electricity. Its products offer an innovative solution to the frequent power cuts caused by the drought affecting the Kariba dam, the country's main source of energy. By enabling customers to spread their payments over several months thanks to Ecobank loans, Sun King also facilitates the adoption of its solutions, while reinforcing its social and environmental impact.
A significant impact
Sun King has already supplied solar electricity to over 128 million people worldwide. The figures speak for themselves: a 75% increase in daily reading and study time for children, 15% savings per month for equipped households, 94% customer satisfaction, and 84% of customers reporting better air quality thanks to the company's sustainable solutions. Solar solutions like the PowerHub can reduce dependence on power cuts by up to 21 hours a day. This partnership illustrates the shared vision of Sun King and Ecobank Zambia: to promote sustainable energy solutions while addressing immediate challenges.
