BioLite Acquires Baobab+ To Further Renewable Energy In Africa Updated On Thu, May 8th, 2025 by Saurenergy Paris-based Baobab Group which provides financing to MSMEs mostly in Africa, has announced the successful completion of the sale of its majority stake in Baobab+ to BioLite. Headquartered in New York and Nairobi, BioLite was founded in 2009 by Jonathan Cedar and Alec and distributes off grid energy products. This strategic divestment will enable Baobab+ […] Read more