Africa | August 26, 2020

Mali’s Energy+ raises $1 million to expand access to off-grid solar products

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, August 26 – Many pay-as-you-go solar startups in Africa have moved “up market,” focusing on small commercial or community solar energy access. Not Energy+. As a new company in a frontier market, Energy+ is selling basic home solar products from d.light to Malian households.

Its equity round from VentureBuilder, Cordaid Investment Management and the United States African Development Foundation comes with technical assistance.