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Congolese Startup Nuru secures $1.2 Million Investment Fund  From Proparcofor expansion.

Nuru, a solar energy firm founded in Congo DRC, has secured $1.2 million from Proparco, a French investor. Nuru’s expansion will be supported by Proparco’s $1.2 million investment, which will help the Democratic Republic of Congo’s eastern region expand.

The Congolese-based energy startup, formerly known as Kivu Green Energy, was founded in 2015 and specializes in providing affordable and dependable energy to businesses, private individuals, and families in the Democratic Republic of Congo.

Nuru, which means “light” in Swahili, builds and runs urban solar hybrid mini-grids in the central African country’s eastern region.

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Nuru deployed the country’s first solar-powered mini-grid in 2017 and is currently building a 1.3MW solar hybrid site in Goma, which will be Sub-Saharan Africa’s largest off-grid mini-grid.

Weddy Thuranira
Weddy Thuranira
Weddy profiles new startups and innovators across Africa and announces funding rounds, mergers, acquisitions and startup partnerships across Africa. She is based in Nairobi, Kenya. Reach her and the entire news desk at [email protected]

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