Renewables Startups in Africa

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Renewables gaining traction in Southern Africa. M-KOPA, Bekia, Delta Oil leading the charge. Solar home systems, micro-grids, and rural electrification driving growth. Local business leaders optimistic about the potential to address energy challenges and drive economic development.

Cummulative Funding

$566.9M+

Total # of Companies

9

Total Deal Count

33

Total M&A Count

0

Total # of Investors

49

List of Renewables startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

M-KOPA has connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with over 500 new homes being added every day.

Debt Financing

$ 563,100,000

2011

2.

Prado Power delivers scalable solar energy to underserved Nigerian communities.

Funding Round

$ 2,200,000

2015

3.

Plstka is an Egyptian solid waste management and recycling company

Seed

$ 1,245,000

2020

4.

Bekia is an Egyptian on-demand waste collection platform that connects people who want to get rid of their waste with the local collectors.

Seed

$ 390,000

2017

5.

Delta Oil is an Egyptian start-up that offers services in collecting the used cooking oil from households in exchange for goods.

Non-equity Assistance

$ 30,000

2018

6.

Focused on delivering energy to last-mile customers through innovative payment mechanisms. Our solutions promote productive use of energy in rural areas

Undisclosed

Undisclosed

2021

7.

HOPEX is a startup which offers solutions to recycling waste in Egypt.

Undisclosed

Undisclosed

2020

8.

Innovex is a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies.

Seed

Undisclosed

2015

9.

Energy and electrical service and product provider company

Undisclosed

Undisclosed

2019

M-KOPA

Founded

2011

Overview

M-KOPA has connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with over 500 new homes being added every day.

Last round

Debt Financing

Total raised

$ 563,100,000

Employee

501-1000

Founded

2015

Overview

Prado Power delivers scalable solar energy to underserved Nigerian communities.

Last round

Funding Round

Total raised

$ 2,200,000

Employee

2-10

Plstka

Founded

2020

Overview

Plstka is an Egyptian solid waste management and recycling company

Last round

Seed

Total raised

$ 1,245,000

Employee

11-50

Bekia

Founded

2017

Overview

Bekia is an Egyptian on-demand waste collection platform that connects people who want to get rid of their waste with the local collectors.

Last round

Seed

Total raised

$ 390,000

Employee

2-10

Delta Oil

Founded

2018

Overview

Delta Oil is an Egyptian start-up that offers services in collecting the used cooking oil from households in exchange for goods.

Last round

Non-equity Assistance

Total raised

$ 30,000

Employee

2-10

Founded

2021

Overview

Focused on delivering energy to last-mile customers through innovative payment mechanisms. Our solutions promote productive use of energy in rural areas

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

HOPEX

Founded

2020

Overview

HOPEX is a startup which offers solutions to recycling waste in Egypt.

Last round

Undisclosed

Total raised

$ 0

Employee

11-50

Innovex

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

Founded

2019

Overview

Energy and electrical service and product provider company

Last round

Undisclosed

Total raised

$ 0

Employee

10-50

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