Nairobi-based off-grid solar firm d.light has raised $22.5 million Series D financing to expand into new markets in a move to support its mission of providing solar energy solutions for households and small businesses around the world. KawiSafi Ventures Fund, Energy Access Ventures, Omidyar Network and NewQuest Capital Partners led the round with $15 million, ...
Affordable solar systems firm operating in Tanzania and Rwanda, Off Grid Electric has secured $10 million from Helios Investment Partners and $8 million in debt financing from a lending group led by responsAbility to provide millions in Africa with clean and sustainable solar energy. Totaling $18 million, this funding will enable Off Grid Electric to continue on the path ...
In February, Nova Lumos announced it would partner with MTN Nigeria and Cellcom Guinee to launch a new pay-as-you-go solar home system via mobile operator’s airtime after winning a seed grant from Mobile Enabled Community Services (MECS) Innovation Grant Fund. The firm has kept its promise. Today, the firm together ...
Grid-scale electrical energy storage firm, Primus Power has secured $20 million in the first close of its Series C financing led by South Africa-based platinum producer Anglo American Platinum Limited (Anglo American Platinum) with a major contribution from its PGM Development Fund. Existing investors also participated alongside PGM Development Fund. Richard ...
London-based Intelligent Energy, a power technology company has launched Upp – a personal charger for portable devices with USB ports such as smartphones, feature phones, eReaders, tablets, portable gaming consoles, as well as digital cameras. Launched at the AfricaCom in Cape Town last week, Upp delivers at least one week of ...
Founded in Nairobi in 2012 by Lesley Silverthorn, Victoria Arch and Bryan Silverthorn, Angaza Design is an alternative energy startup providing Pay-As-You-Go solutions to resellers and distributors. The founders say their Pay-As-You-Go (PAYG) technology allows users to buy solar-ready products at affordable prices as if they were buying mobile phone ...
Rwanda's Henri Nyakarundi founded ARED (African Renewable Energy Distributor) to give renewable energy solutions to the public and private sectors in his home country, after failing to find anywhere to charge his phone number, little did he know the idea will ever cross the border. But now aiming at launching ...
