Easy Solar
Venture Round in 2023
Easy Solar is a leading energy distribution company in West Africa, financing high-quality solar products and appliances for those with limited or no access to the conventional grid. Customers can finance their purchase over time by paying in weekly or monthly installments, with the option to pay via cash or mobile money. To date, Easy Solar has reached more than 400,000 beneficiaries, distributed through its extensive network of agents and outlets throughout Sierra Leone and Liberia.
Winock
Venture Round in 2021
Winock specializes in providing financial services aimed at supporting micro businesses in Nigeria. The company offers various credit options, including solar credit, equipment credit, and cash loans, which enable small entrepreneurs such as barbers, welders, tailors, and kiosk owners to transition to solar power. By facilitating this shift, Winock helps these businesses reduce operational costs and save funds that can be reinvested to foster growth. In addition to its credit services, Winock leverages its expertise in solar energy investment and data analysis to promote economic development and job creation within the African market.
Easy Solar
Series A in 2020
Easy Solar is a leading energy distribution company in West Africa, financing high-quality solar products and appliances for those with limited or no access to the conventional grid. Customers can finance their purchase over time by paying in weekly or monthly installments, with the option to pay via cash or mobile money. To date, Easy Solar has reached more than 400,000 beneficiaries, distributed through its extensive network of agents and outlets throughout Sierra Leone and Liberia.
PowerGen Renewable Energy
Series B in 2019
PowerGen Renewable Energy is a leading provider of energy solutions in East Africa, focused on transforming energy access for residential, community, commercial, government, and industrial customers. Founded in 2011 and headquartered in Nairobi, Kenya, with additional offices in Arusha, Tanzania; Freetown, Sierra Leone; and Lagos, Nigeria, the company specializes in the development, construction, and operation of solar mini-grids. PowerGen offers a range of services including engineering, procurement, construction, and financing, ensuring affordable and reliable power for communities that are not connected to national electricity networks. As a pioneer in the solar mini-grid sector, PowerGen is committed to driving the clean energy transition across Africa and is a founding member of the Africa Mini-grid Developers Association, collaborating with various sector leaders to enhance energy access in the region.
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.
Easy Solar
Seed Round in 2018
Easy Solar is a leading energy distribution company in West Africa, financing high-quality solar products and appliances for those with limited or no access to the conventional grid. Customers can finance their purchase over time by paying in weekly or monthly installments, with the option to pay via cash or mobile money. To date, Easy Solar has reached more than 400,000 beneficiaries, distributed through its extensive network of agents and outlets throughout Sierra Leone and Liberia.
PEG is an asset financing company that specializes in providing Pay As You Go solar energy products to off-grid customers in West Africa, particularly in Ghana, Cote d'Ivoire, and Senegal. Founded in 2013 by Hugh Whalan and Nate Heller, PEG aims to improve the quality of life for its customers by offering financing for solar home systems. This financing model allows households to transition from expensive and polluting fuel sources, such as kerosene, to sustainable solar energy, which not only enhances their living conditions but also serves as a long-term asset. PEG's solar systems provide access to better lighting, mobile phone charging, and appliances like radios and televisions, contributing to a more sustainable and efficient energy solution for underserved communities. Headquartered in Accra, Ghana, PEG is dedicated to promoting renewable energy and improving the standard of living for its customers through innovative financing solutions.
Devergy
Seed Round in 2015
Devergy is a social energy utility that focuses on delivering reliable and affordable electricity services to low-income populations in developing countries, particularly in off-grid rural villages. The company operates village-sized energy micro-grids powered by solar energy, allowing households and businesses to access electricity. By utilizing adaptive capacity and regular monitoring, Devergy ensures that its energy services are sustainable and accessible, ultimately enabling communities to benefit from affordable electricity. Based in Ghana, the company aims to improve the quality of life for its customers by providing essential energy solutions.
Paga is a mobile payment company focused on creating a digital ecosystem that facilitates the sending and receiving of money. It aims to provide simple financial access to a broad user base, with a mission to enable one billion people to effectively manage their finances. Operating primarily in Nigeria, Paga has established itself as the leading mobile payment provider in the region. Its application allows users to transfer money to anyone with a mobile phone, as well as purchase and send airtime credits, make bill payments, and conduct retail transactions. By addressing the challenges associated with payment options, Paga is committed to enhancing financial service accessibility for its users.
Esoko
Debt Financing in 2014
Esoko Networks Limited operates a mobile-based market information exchange tailored for individuals, businesses, and agricultural projects in Africa. Founded in 2007 and based in Accra, Ghana, the platform delivers personalized market price alerts, buy and sell offers, and agricultural advice directly to farmers via SMS. By providing essential information such as market prices, weather forecasts, and growing tips, Esoko aims to enhance agricultural yields and profitability. The company also supports businesses in connecting with farmers, offering apps and services that facilitate marketing, monitoring, and sourcing. Esoko's ecosystem includes content, software, and field support, enabling NGOs, mobile operators, and governments to track market trends and improve communication in rural communities. Through its innovative approach, Esoko aims to promote market transparency and efficiency, transforming African agricultural markets into more viable opportunities for both individuals and businesses while reducing operational costs for organizations.
Esoko
Venture Round in 2014
Esoko Networks Limited operates a mobile-based market information exchange tailored for individuals, businesses, and agricultural projects in Africa. Founded in 2007 and based in Accra, Ghana, the platform delivers personalized market price alerts, buy and sell offers, and agricultural advice directly to farmers via SMS. By providing essential information such as market prices, weather forecasts, and growing tips, Esoko aims to enhance agricultural yields and profitability. The company also supports businesses in connecting with farmers, offering apps and services that facilitate marketing, monitoring, and sourcing. Esoko's ecosystem includes content, software, and field support, enabling NGOs, mobile operators, and governments to track market trends and improve communication in rural communities. Through its innovative approach, Esoko aims to promote market transparency and efficiency, transforming African agricultural markets into more viable opportunities for both individuals and businesses while reducing operational costs for organizations.
Husk Power Systems
Series A in 2012
Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.
Paga is a mobile payment company focused on creating a digital ecosystem that facilitates the sending and receiving of money. It aims to provide simple financial access to a broad user base, with a mission to enable one billion people to effectively manage their finances. Operating primarily in Nigeria, Paga has established itself as the leading mobile payment provider in the region. Its application allows users to transfer money to anyone with a mobile phone, as well as purchase and send airtime credits, make bill payments, and conduct retail transactions. By addressing the challenges associated with payment options, Paga is committed to enhancing financial service accessibility for its users.
Husk Power Systems
Venture Round in 2010
Husk Power Systems ("Husk") owns, builds and operates solar-hybrid microgrids that serve off-grid and weak-grid communities in rural Sub-Saharan Africa and South Asia. It provides its business and residential customers with 100% renewable electricity and access to energy efficient appliances. In the process, it is contributing to climate resilience while also avoiding a significant amount of emissions from diesel generation. Husk has more than 200 minigrids in operation, the largest fleet in the world. The company is a catalyst for economic growth and social well-being, helping rural communities increase incomes and create employment by starting or expanding microenterprises and running electricity-operated machines that increase productivity. It also provides reliable power to local clinics and schools and education, improving healthcare and educational outcomes. Husk Power Systems was founded by co-founded by CEO Manoj Sinha in 2008 and is based in the United States, with operations in India and Nigeria.
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