Rural Electrification Startups in Africa
Overview Powered by AI
Rural electrification in West Africa remains a challenge amidst growing interest. Local players face infrastructure gaps, funding constraints, and community engagement hurdles. Despite initiatives like Virunga Power, progress is slow. Local business leaders emphasize the need for sustainable models, community involvement, and collaboration with government agencies.
Cummulative Funding
$259.4M+
Total # of Companies
3
Total Deal Count
21
Total M&A Count
0
Total # of Investors
31
List of Rural Electrification startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources | Debt Financing | $ 168,950,000 | 2008 | |
Virunga Power is focused on developing sustainable power generation and distribution systems on a community scale in rural areas of sub-Saharan Africa. | Venture | $ 64,640,000 | 2011 | |
Darway Coast delivers scalable clean energy to underserved Nigerian communities via mini-grid. | Funding Round | $ 25,850,000 | 2015 |
Founded
2008
Overview
Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources
Last round
Debt Financing
Total raised
$ 168,950,000
Employee
1,001-5,000
Founded
2011
Overview
Virunga Power is focused on developing sustainable power generation and distribution systems on a community scale in rural areas of sub-Saharan Africa.
Last round
Venture
Total raised
$ 64,640,000
Employee
11-50
Founded
2015
Overview
Darway Coast delivers scalable clean energy to underserved Nigerian communities via mini-grid.
Last round
Funding Round
Total raised
$ 25,850,000
Employee
51-200