Renewable Energy Startups in Africa

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Off-grid solar market thriving, led by local players. Greenlight Planet, d.light still dominant, but new entrants gaining share. Financing remains a challenge, but innovative models emerging. Local business leaders optimistic about long-term growth potential.

Cummulative Funding

$25.9M+

Total # of Companies

5

Total Deal Count

16

Total M&A Count

1

Total # of Investors

25

List of Renewable Energy startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Kofa is a Ghana-based company specializing in sustainable energy solutions.

Grant

$ 13,155,000

2021

2.

Redavia is an Africa-focused Solar Energy startup which provides pay-as-you-go solar power to businesses.

Debt Financing

$ 10,100,000

2010

3.

Trade Ghana connects buyers, sellers, and transporters.

Seed

$ 2,700,000

2016

4.

SolarTaxi provides modern eco-friendly mobility facilities for Africans

Venture

Undisclosed

2018

5.

Wahu Mobility builds Ghanaian electric bikes, empowering riders and businesses with sustainable transport solutions.

Seed

Undisclosed

2022

Kofa

Founded

2021

Overview

Kofa is a Ghana-based company specializing in sustainable energy solutions.

Last round

Grant

Total raised

$ 13,155,000

Employee

2-10

Redavia

Founded

2010

Overview

Redavia is an Africa-focused Solar Energy startup which provides pay-as-you-go solar power to businesses.

Last round

Debt Financing

Total raised

$ 10,100,000

Employee

11-50

Founded

2016

Overview

Trade Ghana connects buyers, sellers, and transporters.

Last round

Seed

Total raised

$ 2,700,000

Employee

11-50

Founded

2018

Overview

SolarTaxi provides modern eco-friendly mobility facilities for Africans

Last round

Venture

Total raised

$ 0

Employee

51-200

Founded

2022

Overview

Wahu Mobility builds Ghanaian electric bikes, empowering riders and businesses with sustainable transport solutions.

Last round

Seed

Total raised

$ 0

Employee

51-200

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