PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
Golden Nuts and Grain
Venture Round in 2018
Golden Nuts and Grain, established in Senegal, is a specialized food processing company. It produces natural juices using locally sourced ingredients like bouye, bissap, and ginger. The company's focus is on creating healthy, delicious beverages that preserve the authentic tastes of Senegalese products while promoting consumers' well-being.
CoinAfrique
Corporate Round in 2018
CoinAfrique is a Senegalese startup founded in 2014 with additional offices in Benin, Ivory Coast, and France. It operates a mobile application for classified advertisements, primarily serving Francophone Africa. The platform facilitates the buying and selling of second-hand goods, connecting users to make quality deals through their phones.
CoinAfrique
Series A in 2018
CoinAfrique is a Senegalese startup founded in 2014 with additional offices in Benin, Ivory Coast, and France. It operates a mobile application for classified advertisements, primarily serving Francophone Africa. The platform facilitates the buying and selling of second-hand goods, connecting users to make quality deals through their phones.
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
Oui Carry
Seed Round in 2017
OuiCarry is a delivery service based in Senegal that facilitates the purchasing of products from international commercial websites for both individuals and businesses. Customers have the flexibility to select items from a wide range of online retailers, and for those lacking credit cards, OuiCarry offers to make purchases on their behalf. The company prides itself on delivering high-quality services at moderate costs, with expeditions from Europe typically taking less than ten days. Since its inception, OuiCarry has grown its customer base to several thousand and has received recognition for its services, including the Orange FAB prize in 2016 and a finalist position in the Great Entrepreneur Competition organized by the British Council. Alongside its core delivery services, OuiCarry also provides logistics solutions that simplify the export and import of goods, including customs clearance and storage, ensuring efficient transportation without prolonged waiting times for approvals.
COGELEC ENERGY
Venture Round in 2017
COGELEC ENERGY is an engineering firm based in Senegal that focuses on electrical work and rural electrification. The company provides a range of services, including the supply, installation, and maintenance of electrical and hydraulic equipment. COGELEC ENERGY aims to serve commercial clients by facilitating the construction of conventional grid connections, ensuring that these services are delivered at an affordable cost. Through its efforts, the company contributes to improving access to electricity in rural areas, enhancing the overall infrastructure and quality of life for local communities.
SENAR Les Délices de Lysa
Venture Round in 2017
SENAR (SENégal Peanut) is a Senegalese family SME located in Dakar specialized in the processing and sale of nut products.
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.
Voltacars Rental Services
Venture Round in 2014
Voltacars Rental Services Limited is a vehicle rental company founded in 2003 and headquartered in Accra, Ghana. It specializes in long-term rentals of new multi-brand vehicles, including sedans, 4x4s, pick-up trucks, minibuses, small trucks, and utility vehicles, primarily catering to businesses in Ghana, Ivory Coast, and Senegal. The company offers a comprehensive management service for its clients' fleets, which includes all-risk insurance, maintenance, and technical control throughout the rental period, which ranges from 12 to 48 months. Additionally, Voltacars provides a replacement vehicle during maintenance or in the event of an accident, as well as 24/7 telephone support. The company also offers associated services such as drivers, a tracking system, and pan-African insurance, ensuring a premium and customized experience for its clients.
Delta Irrigation
Venture Round in 2012
Delta Irrigation SA, founded in 2012 and located in Saint-Louis, Senegal, specializes in the design, manufacture, and marketing of hydraulic systems and equipment tailored for the agriculture sector. The company's offerings include a range of products such as pumps, filters, pivot systems, sprinklers, and other tools essential for efficient field irrigation and water treatment. In addition to manufacturing, Delta Irrigation provides installation and maintenance services, as well as education to clients, ensuring the effective and sustainable use of water resources in agricultural practices.
Sofamac
Venture Round in 2012
Sofamac SA is a manufacturing company based in Dakar, Senegal, specializing in the production of terracotta tiles and clay bricks. Founded in 2012, Sofamac focuses on creating high-quality clay construction materials for the local market. The company's commitment to producing durable and aesthetically pleasing building products supports the growing construction industry in Senegal. Through its operations, Sofamac contributes to the development of local infrastructure and housing, meeting the demands of both residential and commercial projects.
Fides Microfinance Senegal
Venture Round in 2011
Fides Microfinance Senegal is a microfinance institution dedicated to delivering financial services to both urban and rural populations, with a particular focus on northern Senegal. Based in St. Louis, the company offers solidarity and individual loans, savings accounts, insurance, and mobile banking services. Fides has established offices in Luga and Touba, with plans to open new agencies annually in the northern region, where financial services are less prevalent than in Dakar. The institution specializes in supporting micro-entrepreneurs and small agricultural businesses by providing financing for equipment such as motor pumps and irrigation systems. Fides Microfinance Senegal benefits from the expertise of FIDES consultants in developing microfinance operations in rural areas.
Duopharm
Venture Round in 2010
Duopharm, established in 2003 as a result of a merger involving nearly 150 Senegalese pharmacists, has emerged as a significant player in the Senegalese pharmaceutical sector. The company specializes in the distribution of pharmaceutical products to private pharmacies and drugstores across Senegal. It employs a proximity marketing strategy, which has enhanced its visibility and effectiveness in a highly competitive market dominated by European multinational corporations. With the pharmaceutical market in Senegal experiencing robust growth—evidenced by a doubling of drugstores since 1999 and an annual market increase of approximately 6%—Duopharm capitalizes on this expansion by promoting its products through mobile and online channels, thereby adapting to the evolving landscape of healthcare spending in the country.
Acep Cameroun
Venture Round in 2005
ACEP Cameroun S.A. is a microfinance institution founded in 1999 and based in Douala, Cameroon. Established with the support of the European Union and the Agence Française de Développement, it initially operated as a project under the Ministry of Industrial and Commercial Development before becoming a public limited company in 2005. As the first institution in Francophone Africa to undergo this transformation, ACEP Cameroun focuses on providing microcredit to very small enterprises, public and private officials, retirees, and employees. The institution also serves individuals, business groups, and rural enterprises, primarily in urban areas such as Douala, Yaoundé, and Bafoussam. ACEP Cameroun is part of the ACEP International network, which includes subsidiaries in Senegal and Madagascar, applying proven methods and technologies developed by ACEP Développement across its operations.