Solar Energy Startups in Africa

Step into the thriving world of Solar Energy 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 Energy.

Cummulative Funding

$201.9M+

Total # of Companies

12

Total Deal Count

35

Total M&A Count

0

Total # of Investors

56

List of Solar Energy startups in Africa

Add Startup
StartupOverviewLast roundTotal raisedFounded
1.

CrossBoundary is a mission driven investment firm that unlocks the power of capital for sustainable growth and strong returns in underserved markets.

Private Equity

$ 100,000,000

2011

2.

Yellow is the leading distributor of pay-as-you-go solar home systems in Malawi.

Series B

$ 55,025,000

2018

3.

KarmSolar is Egypt's largest private solar utility company

Debt Financing

$ 25,000,000

2011

4.

Hohm helps homeowners and businesses to go solar with accredited solar installers, product suppliers and embedded solar finance.

Seed

$ 8,500,000

2021

5.

Okra Solar is a Pan-African Energ startup that enables solar generating communities to share and utilize more energy.

Venture

$ 6,600,000

2016

6.

Koolboks develops non-electric refrigeration systems and provides affordable cold storage options to companies all throughout Africa.

Seed

$ 4,700,000

2014

7.

Energy+ is an off-grid solar company on a mission to deliver affordable and reliable energy to off-grid households in Mali

Venture

$ 1,000,000

2017

8.

HelloSolar is the first Pay-as-you-Go solar energy provider to operate in Ethiopia.

Series A

$ 1,000,000

2018

9.

Aptech Africa Ltd. is the leading Solar Energy Specialist in Africa.

Grant

$ 110,000

2011

10.

Kuza Coolers is a Kenyan manufacturing company in Mombasa that produces and distributes solar-powered freezers.

Non-equity Assistance

$ 15,000

2021

11.

Pro Technology is an Egyptian startup which provides clean energy solutions for homes and businesses

Undisclosed

Undisclosed

2018

12.

MeshPower Rwanda is an Energy Tech platform that uses innovative technology to provide affordable electricity services to communities in Rwanda.

Grant

Undisclosed

2012

Founded

2011

Overview

CrossBoundary is a mission driven investment firm that unlocks the power of capital for sustainable growth and strong returns in underserved markets.

Last round

Private Equity

Total raised

$ 100,000,000

Employee

51-200

Founded

2018

Overview

Yellow is the leading distributor of pay-as-you-go solar home systems in Malawi.

Last round

Series B

Total raised

$ 55,025,000

Employee

11–50

KarmSolar

Founded

2011

Overview

KarmSolar is Egypt's largest private solar utility company

Last round

Debt Financing

Total raised

$ 25,000,000

Employee

51-200

Founded

2021

Overview

Hohm helps homeowners and businesses to go solar with accredited solar installers, product suppliers and embedded solar finance.

Last round

Seed

Total raised

$ 8,500,000

Employee

51-200

Founded

2016

Overview

Okra Solar is a Pan-African Energ startup that enables solar generating communities to share and utilize more energy.

Last round

Venture

Total raised

$ 6,600,000

Employee

11-50

Koolboks

Founded

2014

Overview

Koolboks develops non-electric refrigeration systems and provides affordable cold storage options to companies all throughout Africa.

Last round

Seed

Total raised

$ 4,700,000

Employee

2-10

Energy+

Founded

2017

Overview

Energy+ is an off-grid solar company on a mission to deliver affordable and reliable energy to off-grid households in Mali

Last round

Venture

Total raised

$ 1,000,000

Employee

11-50

Founded

2018

Overview

HelloSolar is the first Pay-as-you-Go solar energy provider to operate in Ethiopia.

Last round

Series A

Total raised

$ 1,000,000

Employee

11-50

Founded

2011

Overview

Aptech Africa Ltd. is the leading Solar Energy Specialist in Africa.

Last round

Grant

Total raised

$ 110,000

Employee

51-200

Founded

2021

Overview

Kuza Coolers is a Kenyan manufacturing company in Mombasa that produces and distributes solar-powered freezers.

Last round

Non-equity Assistance

Total raised

$ 15,000

Employee

11-50

Founded

2018

Overview

Pro Technology is an Egyptian startup which provides clean energy solutions for homes and businesses

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

MeshPower

Founded

2012

Overview

MeshPower Rwanda is an Energy Tech platform that uses innovative technology to provide affordable electricity services to communities in Rwanda.

Last round

Grant

Total raised

$ 0

Employee

11-50

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