Energy-as-a-Service Startups in Africa
StartupList Africa tracks 5 Energy-as-a-Service startups across Africa, which have raised $77.9M in disclosed funding. Nigeria has the most, with 2, followed by Lesotho (1) and Mali (1).
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Energy-as-a-Service companies
5 companies in this sector
| Company | Tagline | Total Funding | Last Round | Team Size | Backers | Action |
|---|---|---|---|---|---|---|
![]() South Africa | Eldo delivers affordable, sustainable energy solutions for businesses, property owners, and households. | - | Seed - | 11-50 | No Data | |
![]() Lesotho | OnePower operates solar mini‑grids, powering households and businesses while enabling productive‑use services. | $51M | Debt Financing - | 51-200 | No Data | |
![]() Mali | SolarX provides turnkey solar solutions, financing, and leasing for West African businesses. | $23M | Debt Financing - | 11-50 | No Data | |
![]() Nigeria | Rana offers an innovative and customer centric energy solution that drives energy transition, and economic growth in Africa. | $3M | Debt Financing - | 2-10 | No Data | |
Nigeria | First Electric delivers scalable solar systems and mesh‑grid energy to homes, businesses, communities. | $457K | Debt Financing - | 11-50 | No Data |
Top Energy-as-a-Service investors in Africa
- Adetayo Bamidurobacked 1
- Afrigreen Debt Impact Fundbacked 1
- ARM Labs Lagos Techstars Acceleratorbacked 1
- British International Investmentbacked 1
- Cascadorbacked 1
- CEI Africabacked 1
Energy-as-a-Service startups: quick facts
- How many Energy-as-a-Service startups are there in Africa?
- StartupList Africa tracks 5 Energy-as-a-Service startups across Africa.
- How much funding have Energy-as-a-Service startups in Africa raised?
- Energy-as-a-Service startups in Africa have raised $77.9M in disclosed funding.
- Which African countries have the most Energy-as-a-Service startups?
- Nigeria has the most, with 2, followed by Lesotho (1) and Mali (1).
- Who invests in Energy-as-a-Service startups in Africa?
- Adetayo Bamiduro has backed 1 Energy-as-a-Service startup, followed by Afrigreen Debt Impact Fund (1) and ARM Labs Lagos Techstars Accelerator (1).



