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Energy services Startups in Africa

Energy services in Southern Africa are gaining traction despite facing challenges with grid stability. Escotel and Baobab+ are making strides, offering off-grid solutions and financing options. However, local business leaders express concerns over inconsistent policies and the need for government support to scale up adoption.

Avg. Deal Size
$8.5M+0%
Active Startups
4+0%
Total Funding
$42.6M+0%
Avg. Growth
0%+0%

Market Map

6 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Innovex
Innovex
Uganda

Innovex is a Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies.

-
Seed
-
2-10
No Data
OnePower
OnePower
Lesotho

OnePower operates solar mini‑grids, powering households and businesses while enabling productive‑use services.

$51M
Debt Financing
-
51-200
No Data
Escotel
Escotel
Mauritius

ESCOTEL is an energy services startup which aims at owning and operating decentralised renewable energy infrastructure across Africa.

$35M
Funding Round
-
51-200
No Data
Baobab+
Baobab+
Nigeria

Baobab+ is a solar home systems social enterprise firm operating in West Africa and Madagascar.

$7M
Grant
-
51-200
No Data
ICE Commercial Power
ICE Commercial Power
Nigeria

ICE Solar delivers affordable solar‑battery energy solutions to Nigerian SMEs.

$250K
Venture
-
11-50
No Data
ELDO
ELDO
South Africa

Eldo delivers affordable, sustainable energy solutions for businesses, property owners, and households.

$180K
Seed
-
11-50
No Data