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Afrinet Power

Operating

Afrinet Power is an EnergyTech company provides clean renewable energy solutions to rural communities in Nigeria.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$10K
disclosed
Last round
$10K
Grant
Rounds
1
since 2017
Investors
1
on record
Employees
1–10

About Afrinet Power

We provide solar power solutions to enhance energy access in rural communities and underserved areas. About 50% of Nigeria's population lack regular access to reliable electricity, nearly 90 million people live off the grid. Grid extension projects are nowhere near keeping up with population growth and increasing demand for power. This is worsened by their vulnerability to acts of terrorism and vandalization. Transforming the current energy outlook requires a shift in the way we think about energy and electricity delivery. According to Power for All, Any practical solution to deliver energy access to lower-density, rural populations cost-effectively must include smaller-scale generation and limited—if any—transmission. Decentralized solar home systems and mini-grids can provide the needed energy to power rural communities and drive growth. Afrinet Power runs on this model and is working to end #EnergyPoverty by enhancing access to affordable, reliable electricity that will help create more opportunities.

Afrinet Power funding1 round

Afrinet Power has raised $10K across 1 disclosed round. The latest is a $10K Grant announced 21 Aug 2020.

Who has invested in Afrinet Power

AnnouncedRoundLead · investorsAmount
21 Aug 2020Afrinet Power GrantAll On$10K

Afrinet Power founders & team

  • PowerLabs

    PowerLabs delivers intelligent, personalized energy solutions to boost productivity with zero downtime and emissions. · Nigeria

  • Homefort Energy

    Homefort Energy offers automated gas delivery for homes. · Nigeria

  • Husk Power Systems

    Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources · Nigeria

  • Daystar Power

    Solar power and Energy efficiency solutions for businesses · Nigeria

  • Azuri Technologies

    Azuri is a leading commercial provider of PayGo Solar Home Systems for rural off-grid homes. · Nigeria

  • ARNERGY

    Arnergy is a distributed utility leveraging on internet of things (IOT) in providing reliable solar power for businesses in emerging markets · Nigeria

All 28 Energy startups in Nigeria

Frequently asked about Afrinet Power

Where is Afrinet Power based and when was it founded?
Afrinet Power is headquartered in Abuja, Nigeria and was founded in 2017.
How much funding has Afrinet Power raised?
Afrinet Power has raised $10K across 1 disclosed round. Its latest, a $10K Grant, was announced on Aug 21, 2020.
Who has invested in Afrinet Power?
Backers include All On.
What sector is Afrinet Power in?
Afrinet Power operates in Energy and Solar Power.