c.1,500 people
Investment in the bond offer will help around 1,500 people access clean power in rural DRC.
£2,000 invested
For each £2,000 invested, 50 tonnes of CO2 will be avoided by replacing diesel and kerosene with clean energy generation.Green Mini Grid Expansion in Dungu, Democratic Republic of Congo
Investments in this raise will support the expansion of an existing solar mini-grid in Dungu, bringing clean, reliable electricity to more homes, businesses, and essential services. This will improve everyday life, support local jobs and livelihoods, and reduce reliance on polluting fuels—delivering clear benefits for both people and the environment.About MyJouleBox
Key product information
Issuer: Les Soleils du Garamba (“MyJouleBox”)
Issuing Country: Democratic Republic of Congo
Investment target: £435,000
Minimum investment: £50
Maximum investment: No maximum
Maturity: 24 months or on payment of the RBF grant, whichever is sooner.
Expected interest rate: 8% per annum
Withholding tax rate: 15% (applicable to UK residents who do not invest within an IF ISA)
Interest payment frequency: Semi-annually beginning 6 months after the issue date
Capital repayment: 24 months or on payment of the RBF grant, whichever is sooner.
Financial instrument: Promissory Note / Interest Bearing Bond
Security: Secured (see details in the Offer Document)
Key risks
You must read the offer document (provided below) where a statement of risks is presented, particularly in section 8 – Risk Analysis Overview
This page has been approved by Share In Ltd (“ShareIn”) (FRN 603332) on 08/04/2026 as a financial promotion for the purposes of Section 21 of the Financial Services and Markets Act 2000 (as amended). ShareIn’s approval of this page is limited to the communication of it by Lendahand Ethex Ltd (FRN 776908) as an appointed representative of ShareIn.
Documents
What the project investment will enable
- Scale up solar generation capacity, add lithium-ion battery storage, and extend distribution networks to strengthen a reliable 24/7 power supply.
- Connect around 300 additional households, bringing clean, affordable electricity to approximately 1,500 people.
- Provide power to 300 small businesses, alongside supply of productive use equipment to stimulate local enterprise and job creation.
- Install 680 streetlights to improve community safety, reduce crime, and enable a thriving night-time economy.
- Strengthen local operational capacity, supporting jobs and ensuring the long-term sustainability of the energy network.
- Reduce reliance on polluting fuels by offering renewable energy alternatives, helping to protect the surrounding environment and ease pressure on the nearby conservation area of Garamba National Park.
- Support inclusive economic growth by enabling entrepreneurship and improving livelihoods in underserved communities.
Investments in the bond will be fully repaid from the proceeds of the Beyond the Grid Fund for Africa (BGFA) Results Based Finance grant, which will pay LSG at milestones for connections to the grid, with the grant totaling £2,580,000.
MyJouleBox
Les Soleils du Garamba is a portfolio of green mini-grid energy infrastructure in Democratic Republic of Congo, developed by GDS International, and jointly built with My Joule Box. Located in the city of Dungu, it is the first mini-grid in the Democratic Republic of the Congo.
In 2024, MyJouleBox acquired a 75% stake in LSG, and it is now a subsidiary of MyJouleBox. MyJouleBox is a leading renewable energy developer and investor in West and Central Africa. For over 14 years, the Group has pioneered decentralised energy solutions, ranging from Solar Home Systems (SHS) to commercial and industrial (C&I) installations and hybrid minigrids. Through its operational subsidiaries operating under the ARESS brand, the Group combines innovative software platforms—including pay-as-you-go solutions and remote monitoring—with strong local field expertise across Benin, Burkina Faso, Côte d’Ivoire, the Democratic Republic of the Congo, Niger, Senegal and Togo. As an Energy-as-a-Service (EaaS) provider, MyJouleBox finances and operates sustainable infrastructure that fosters rural electrification, productive use of energy, and climate resilience.
Social and environmental impact
By scaling solar generation, adding battery storage, and extending distribution networks, the project will enable 24/7 power access while supporting local economic growth through productive use equipment for businesses. Strengthening local operational capacity will ensure long-term sustainability, creating jobs and reducing reliance on polluting fuels.
Social Impact
The Green Mini Grid expansion funded by the bond offer will provide more than 300 homes and businesses with reliable electricity, both during the day and at night, thanks to the grid’s new battery storage. The grid expansion will boost economic empowerment, job creation, productivity, safety, and education, paving the way for a brighter future in Dungu, DRC.
Safer streets
The project will install 680 streetlights in Dungu, improving safety and enabling activities after dark in public spaces, streets, and schools.
Better education
Reliable electricity will improve study conditions for students, extending time for learning and enhancing access to electricity in schools.
Boosted economy
Local businesses will benefit from reliable power as well as productive use equipment including water pumps, freezers for vaccine storage, cold rooms, and electric vehicles, significantly contributing to the rural economic development.
Environmental Impact
This project will deliver significant environmental benefits by enabling the mini grid to generate an additional 684 MWh of clean solar energy each year, preventing around 547 tonnes of CO₂ that would otherwise come from wood and biomass. By replacing these with clean electricity, the project directly reduces human‑induced pressures such as deforestation.
10,944 tonnes
of CO2 saved over the lifetime of the GMGs
684 MWh
of clean, solar energy generated each year
50tonnes
of CO2 saved for each £2,000 invested
Offer Documents
My Joule Box - Offer Document (Log In to download)