Amid soaring inflation, fuel price hikes, and intensifying heatwaves, a revolutionary platform is delivering affordable, sustainable cooling solutions to homes and small businesses across Africa.

With over 40 percent of food in Sub-Saharan Africa lost due to poor refrigeration, while cold storage access stands at just 17 percent compared to 90 percent in developed countries, experts have noted that it has become imperative more than ever to provide innovative solutions to this problem.

Rolling out Koolbuy from Koolboks, from solar-powered freezers that slash food spoilage to eco-friendly air conditioners, Koolbuy is transforming the sun into an income-generating partner with as low as N1,500 daily.

Ayoola Dominic, CEO, Koolboks, noted that if businesses cannot preserve food, they run into trouble, adding that Koolbuy turns the sun into a business partner for those who need it most.

Partnering with global appliance giants like: Thermocool, Samsung, Panasonic, Scanfrost, Koolboks and Bruhm, they vow to offer rugged, and high-quality appliances embedded with smart Pay-As-You-Go technology.

According to Dominic, Koolbuy only features appliances that use natural refrigerants, with zero ozone depletion potential and ultra-low global warming impact. He added that they do not sell toxic tech, only clean cooling for a warming world.

He said that as Africa’s middle class rapidly expands, the risk of a flood of used, environmentally harmful cooling appliances is real and they are leading the continent to leapfrog outdated models and adopt climate-smart refrigeration.

Also unveiled was Scrap4New, a circular economy initiative enabling customers trade in outdated, polluting appliances for solar-ready, climate-smart models.

The company’s flexible plans allow customers to swap, convert or purchase cooling appliances through daily, weekly or monthly financing options with initial deposits as low as 10 percent.

Pointing out that it is now about survival, Dominic said that lack of cooling ruins medicine, accelerates food waste and fuels climate change. The company also launched the PowerFoot Pedestal, a plug-and-play solar system that turns any freezer into a solar-powered appliance with rooftop panels and lithium batteries for round-the-clock cooling.

Deborah Gael, co-founder and COO, pointed out that businesses now have the option of running without spending a naira on petrol.

The launch event, themed, The Cold Truth, held in Lagos, was attended by over 220 high-end store owners across the country.

Notable dignitaries in attendance included: Pascal Carrere and Valor Iduh from Business France; Mayank Kabra, Treasurer at Guinness World; Ayoola Oduntan, CEO of Natnudo; representatives from Coca-Cola; Caroline Eboumbou, CEO of All On; Yasmin Osaghae, UK Manufacturing Africa; representatives from Total Energies, among others.

The event also featured a brand ambassadorship signing with actress Mercy Johnson, strengthening the company’s community engagement and public awareness efforts.

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