2030 Finance | July 3, 2017

Tizeti raises $2.1 million to spread solar-powered wifi in Nigeria

ImpactAlpha
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ImpactAlpha

Nigeria has the largest number of internet users in Africa, but fragile internet infrastructure.

Tizeti founder Kendall Ananyi launched out of Y Combinator in 2012 to deliver faster, cheaper wi-fi for Nigeria’s urban residents.

The company capitalizes on the falling cost of solar panels to build solar-powered mini-network towers across Lagos. Using solar, rather than diesel generators, reduces costs as well as carbon emissions.

Tizeti, with 3,000 public hotspots in Lagos, plans to expand across Nigeria and then Africa.

Investment came from Western Technology Investment, Social Capital, Vy Capital, and Picus Capital as well as Michael Seibel and Gabriel Hammond of Y Combinator.