Oolu raises $3.2 million to expand power access in West Africa



The Senegal-based startup sells solar-energy products to off-grid households in West Africa, where 150 million people lack access to the grid.

Oolu, part of the Y Combinator accelerator, partners with money-transfer company WARI to enable subscribers to pay monthly fees with mobile payments.

Oolu’s Series A funding round was led by Persistent Energy Capital with participation from Y Combinator.

It plans to use the funds to expand in Senegal and Mali and launch in a third market next year.

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