Solarise Africa, a pan-African Energy-as-a-Service firm that offers dependable and economical energy solutions throughout Africa, has received $33.4 million to grow its portfolio in Kenya and other countries.
The round of funding was sponsored by the Facility for Energy Inclusion (FEI) and Oikocredit, a social impact investor and global cooperative with over 45 years of experience funding organisations working in financial inclusion, agribusiness, and renewable energy.
Solarise offers decentralised energy solutions for African enterprises, as well as unique full-service solutions for designing, building, financing, and managing renewable energy installations.
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“Throughout 2022, we dramatically expanded our footprint and portfolio, and with this additional loan, we will be able to rocket our efforts to increase renewable energy adoption in Africa,” stated Jan Albert Valk, CEO and Co-Founder of Solarise Africa. This demonstrates Solarise Africa’s sound business model. We are delighted to welcome these three distinguished new investors.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh