Energy services Startups in Africa
Overview Powered by AI
Energy services in Southern Africa are gaining traction despite facing challenges with grid stability. Escotel and Baobab+ are making strides, offering off-grid solutions and financing options. However, local business leaders express concerns over inconsistent policies and the need for government support to scale up adoption.
Cummulative Funding
$42.3M+
Total # of Companies
3
Total Deal Count
7
Total M&A Count
0
Total # of Investors
12
List of Energy services startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
ESCOTEL is an energy services startup which aims at owning and operating decentralised renewable energy infrastructure across Africa. | Funding Round | $ 35,000,000 | 2007 | |
Baobab+ is a solar home systems social enterprise firm operating in West Africa and Madagascar. | Grant | $ 7,350,000 | 2015 | |
Innovex is a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies. | Seed | Undisclosed | 2015 |
Founded
2007
Overview
ESCOTEL is an energy services startup which aims at owning and operating decentralised renewable energy infrastructure across Africa.
Last round
Funding Round
Total raised
$ 35,000,000
Employee
51-200
Founded
2015
Overview
Baobab+ is a solar home systems social enterprise firm operating in West Africa and Madagascar.
Last round
Grant
Total raised
$ 7,350,000
Employee
51-200
Founded
2015
Overview
Innovex is a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies.
Last round
Seed
Total raised
$ 0
Employee
2-10