Energy Startups in Africa

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Home solar market maturing, moving towards larger systems and services. Competition high, but consolidation likely. Distribution partnerships key for scale, financing options critical for affordability.

Cummulative Funding

$6M+

Total # of Companies

4

Total Deal Count

5

Total M&A Count

0

Total # of Investors

7

List of Energy startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Zembo is the a Ugadan startup which is paving the way to e-mobility in Africa

Grant

$ 4,900,000

2018

2.

UpEnergy leverages climate finance to bring aspirational clean energy products within reach.

Debt Financing

$ 1,000,000

2011

3.

Aptech Africa Ltd. is the leading Solar Energy Specialist in Africa.

Grant

$ 110,000

2011

4.

PowerUP is a Ugandan product development company creating household appliances that reduce carbon emissions.

Seed

Undisclosed

2021

Zembo

Founded

2018

Overview

Zembo is the a Ugadan startup which is paving the way to e-mobility in Africa

Last round

Grant

Total raised

$ 4,900,000

Employee

51-200

UpEnergy

Founded

2011

Overview

UpEnergy leverages climate finance to bring aspirational clean energy products within reach.

Last round

Debt Financing

Total raised

$ 1,000,000

Employee

11-50

Founded

2011

Overview

Aptech Africa Ltd. is the leading Solar Energy Specialist in Africa.

Last round

Grant

Total raised

$ 110,000

Employee

51-200

PowerUP

Founded

2021

Overview

PowerUP is a Ugandan product development company creating household appliances that reduce carbon emissions.

Last round

Seed

Total raised

$ 0

Employee

2-10

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