Rural Electrification Startups in Africa
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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
$228.5M+
Total # of Companies
2
Total Deal Count
14
Total M&A Count
0
Total # of Investors
24
List of Rural Electrification startups in Africa
Add StartupStartuparrow_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 | $ 163,950,000 | 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 |
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
$ 163,950,000
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