Solar Startups in Africa

Step into the thriving world of Solar startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Solar.

Cummulative Funding

$1.2B+

Total # of Companies

42

Total Deal Count

171

Total M&A Count

1

Total # of Investors

325

List of Solar startups in Africa

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Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

Unlock Access to Full List

Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

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Upgrade to StartupList Africa PRO for unlimited access to this list.

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StartupOverviewLast roundTotal raisedFounded
1.

d.light is an international Energy startup that serves people without access to reliable electricity.

Debt Financing

$ 515,200,000

2007

2.

Bboxx is an African-focused next generation utility startup which provides access to affordable clean energy.

Convertible Note

$ 161,374,625

2010

3.

SunFunder is unlocking debt capital for solar energy access & climate change

Grant

$ 81,320,000

2012

4.

PEG is the leader in deploying and financing solar to households and SMEs in West Africa

Debt Financing

$ 56,500,000

2013

5.

Solarise Africa owns and leases captive rooftop and ground mounted solar projects for commercial and industrial clients in Africa.

Venture

$ 55,600,000

2017

6.

Azuri is a leading commercial provider of PayGo Solar Home Systems for rural off-grid homes.

Corporate

$ 51,000,000

2012

7.

Powerhive is a Kenyan startup that provides resilient energy infrastructure for off-grid communities.

Series B

$ 43,800,000

2011

8.

SunCulture is a Kenyan startup that empowers smallholder farmers with solar irrigation

Series B

$ 39,300,000

2013

9.

Nithio is a venture-backed energy finance platform that provides services to stakeholders in the distributed solar sector in Africa.

Debt Financing

$ 32,700,000

2018

10.

OneWattSolar is a Nigerian FinTech startup that delivers Tokenized Digital 24/7 Electricity.

Funding Round

$ 24,400,000

2017

11.

Altech is a Congolese energy startup which provides renewable energy for the off-grid

Debt Financing

$ 21,000,000

2013

12.

Starsight Energy is a Nigerian independent energy efficiency startup delivering sustainable solar power and cooling services.

Debt Financing

$ 20,000,000

2008

13.

Mawingu uses high-performance low-cost wireless technology and solar power to build fast internet networks in rural areas.

Series B

$ 14,300,000

2013

14.

Oolu's mission is to provide off-grid households with high quality products at an affordable price.

Venture

$ 14,200,000

2015

15.

Qotto sells solar home systems to rural households in West Africa with a pay-as-you-go model.

Series A

$ 14,000,000

2016

16.

WATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation.

Venture

$ 13,000,000

2016

17.

Renewvia Energy is an Africa-focused solar developer bringing clean, reliable power.

Funding Round

$ 11,000,000

2012

18.

The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.

Convertible Note

$ 10,490,000

2015

19.

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

Debt Financing

$ 10,100,000

2010

20.

Associated Battery Manufacturers East Africa is the only largest battery and solar-power manufacturer in Kenya

Funding Round

$ 7,200,000

1963

d.light

Founded

2007

Overview

d.light is an international Energy startup that serves people without access to reliable electricity.

Last round

Debt Financing

Total raised

$ 515,200,000

Employee

201-500

Bboxx

Founded

2010

Overview

Bboxx is an African-focused next generation utility startup which provides access to affordable clean energy.

Last round

Convertible Note

Total raised

$ 161,374,625

Employee

501-1,000

SunFunder

Founded

2012

Overview

SunFunder is unlocking debt capital for solar energy access & climate change

Last round

Grant

Total raised

$ 81,320,000

Employee

11-50

Founded

2013

Overview

PEG is the leader in deploying and financing solar to households and SMEs in West Africa

Last round

Debt Financing

Total raised

$ 56,500,000

Employee

101-250

Founded

2017

Overview

Solarise Africa owns and leases captive rooftop and ground mounted solar projects for commercial and industrial clients in Africa.

Last round

Venture

Total raised

$ 55,600,000

Employee

1-10

Founded

2012

Overview

Azuri is a leading commercial provider of PayGo Solar Home Systems for rural off-grid homes.

Last round

Corporate

Total raised

$ 51,000,000

Employee

201-500

Powerhive

Founded

2011

Overview

Powerhive is a Kenyan startup that provides resilient energy infrastructure for off-grid communities.

Last round

Series B

Total raised

$ 43,800,000

Employee

51-200

Founded

2013

Overview

SunCulture is a Kenyan startup that empowers smallholder farmers with solar irrigation

Last round

Series B

Total raised

$ 39,300,000

Employee

201-500

Nithio

Founded

2018

Overview

Nithio is a venture-backed energy finance platform that provides services to stakeholders in the distributed solar sector in Africa.

Last round

Debt Financing

Total raised

$ 32,700,000

Employee

2-10

Founded

2017

Overview

OneWattSolar is a Nigerian FinTech startup that delivers Tokenized Digital 24/7 Electricity.

Last round

Funding Round

Total raised

$ 24,400,000

Employee

501-1,000

Founded

2013

Overview

Altech is a Congolese energy startup which provides renewable energy for the off-grid

Last round

Debt Financing

Total raised

$ 21,000,000

Employee

201-500

Founded

2008

Overview

Starsight Energy is a Nigerian independent energy efficiency startup delivering sustainable solar power and cooling services.

Last round

Debt Financing

Total raised

$ 20,000,000

Employee

51-200

Mawingu

Founded

2013

Overview

Mawingu uses high-performance low-cost wireless technology and solar power to build fast internet networks in rural areas.

Last round

Series B

Total raised

$ 14,300,000

Employee

51-200

Oolu

Founded

2015

Overview

Oolu's mission is to provide off-grid households with high quality products at an affordable price.

Last round

Venture

Total raised

$ 14,200,000

Employee

51-200

Qotto

Founded

2016

Overview

Qotto sells solar home systems to rural households in West Africa with a pay-as-you-go model.

Last round

Series A

Total raised

$ 14,000,000

Employee

201-500

WATT

Founded

2016

Overview

WATT aims to design, build, own, and operate (DBOOM) renewable energy (RE) projects through solar, wind, and biomass generation.

Last round

Venture

Total raised

$ 13,000,000

Employee

51-200

Founded

2012

Overview

Renewvia Energy is an Africa-focused solar developer bringing clean, reliable power.

Last round

Funding Round

Total raised

$ 11,000,000

Employee

11-50

Founded

2015

Overview

The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.

Last round

Convertible Note

Total raised

$ 10,490,000

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

1963

Overview

Associated Battery Manufacturers East Africa is the only largest battery and solar-power manufacturer in Kenya

Last round

Funding Round

Total raised

$ 7,200,000

Employee

501-1000

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