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PEG Africa

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

Total fundings

$29,000,000.00

Parent group

FinTech

Ranking

Rank

81

Overview
PEG is the leader in deploying and financing solar to households and SMEs in West Africa
Commercial Lending
Electronics
Energy
Financial Services
Solar
FinTech
Acquired
Bboxx
Country
City
Accra
Year Founded
2013
Employee Range
101-250
Latest updates
The Brief: Fixing water in Jackson, Bboxx acquires PEG Africa, Kapor Capital goes outside, Danish energy fund, sustainable deliveries, Dow Jones’ ESG data - ImpactAlpha

UK-based power Bboxx buys solar energy provider PEG Africa : statement - Reuters.com

UK-based power Bboxx buys solar energy provider PEG Africa : statement - Reuters

Bboxx acquires Ghana's PEG Africa for $200 million - TechCabal

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About PEG Africa

PEG Africa is a leader in deploying and financing solar to households and SMEs in West Africa. Via its PAYG financing model, it enables customers to replace their perpetual spending on poor-quality polluting fuels such as kerosene and diesel with solar energy. PEG is currently serving hundreds of thousands of daily users in Ghana, Cote d’Ivoire, Senegal and Mali, and has recently expanded its financing and deployment capabilities to include solar water irrigation and bigger solar power systems for SMEs

PEG Africa's Team

With over 9 years experience across the board, PEG Africa is led by a team that challenges the status quo
Nate Heller's photo

PEG Africa's funding history

Total raised
$29,000,000.00
Latest Round
Debt Financing
No. of Investors
5
RoundDateAmount RaisedInvestors
Debt FinancingOct 16, 2019 $4,000,000.00 CDC Group (Lead)
Debt FinancingSep 03, 2019 $5,000,000.00 Electrification Financing Initiative (Lead)
Series CMar 22, 2019 $20,000,000.00 CDC Group (Lead), SunFunder , responsAbility

PEG Africa’s technology stack

PEG Africa uses over 3 web technology tools on its website. They include tools like hosting, CMS, analytics among others

Hosting

107 technologies used

dedicated-hosting

shared-hosting

us-hosting

vps-hosting

Cms

65 technologies used

hosted-solution

simple-website-builder

open-source

blog

Analytics

91 technologies used

application-performance

audience-measurement

visitor-count-tracking

conversion-optimization

PEG Africa's trends and social media stats

Dec. 2020Dec. 2020Jan. 2021Jan. 2021Feb. 2021Feb. 2021Mar. 2021Mar. 202172009000178008500Alexa Web traffic200002000016000160001200012000800080004000400000

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