Stardust Solar receives franchise award in Zambia

Executive Summary

• Stardust Solar Energy Inc. has expanded its international footprint by awarding its first African national franchise to Megatricity Energy Inc. for operations in Zambia.
• The agreement, effective September 29, 2025, grants Megatricity the rights to distribute and import solar products in Zambia, while Stardust Solar retains rights to receive royalties on all business conducted in the region.
• This marks the company's first entry into the African market, leveraging its existing franchise model to address local energy demand and solar potential.

Key Details

• Franchise Agreement: Stardust Solar Energy Inc. awarded a national franchise to Megatricity Energy Inc. for the country of Zambia.
• Effective Date: September 29, 2025.
• Counterparties:
  • Franchisor: Stardust Solar Energy Inc.
  • Franchisee: Megatricity Energy Inc.
  • Franchisee Principals: Dr. Ochas Kashinge Pupwe, Lee Lewanika Simbeye, and Chileshe Mpunga Chilufya.
• Financial Terms: Stardust Solar will receive royalties on all business conducted in Zambia.
• Operational Scope: Stardust Solar will oversee the distribution and importation of solar products into Zambia.
• Strategic Context: This is Stardust Solar's first expansion into Africa, following rapid growth in Canada and the United States. The company aims to use Zambia as a launchpad for further continental expansion.
• Support Provided: Stardust Solar will provide comprehensive training, engineering support, operational expertise, preopening support, and continuing guidance to ensure quality standards.

Notable Quotes

• "Expanding into Africa represents a transformative milestone for Stardust Solar. Zambia's strong solar potential and increasing energy demand create ideal conditions for our proven franchise model." — Mark Tadros, Founder and CEO, Stardust Solar Energy Inc.
• "Zambia has tremendous solar capacity and an urgent need for dependable energy. With Stardust Solar's brand strength, systems and training, we are ready to build a resilient and scalable business that creates skilled jobs, delivers real cost savings and accelerates Africa's clean-energy transformation." — Dr. Ochas Pupwe, CEO, Megatricity Energy.