Monday, September 8, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Solarise Africa, a Kenyan energy company, has received $5.9 million in funding

Tech Gist Africa by Tech Gist Africa
09/09/2021
in Funding, News - East Africa, Solar Energy
0 0
0
solar power tech news africa

solar power tech news africa

0
SHARES
Share on FacebookShare on Twitter

Solarise Africa, a Kenyan energy leasing company, has received US$5.9 million in debt funding from Trine, a Swedish impact investing platform, to enable it to continue to expand across Africa.

Solarise Africa, founded by Patrik Huber, Jan Albert Valk, and Sakkie van Wijk, is an energy leasing company that focuses on commercial and industrial clients for solar and other energy assets (C&I).

Last year, the company completed a US$10 million Series B funding round through a small group of partners, and it has now added EUR5 million in loans from Trine, an investment service developed exclusively to give debt capital to innovative solar-focused enterprises in emerging economies.

Solarise’s chief executive officer, Valk, remarked, “Our first debt raise marks a milestone for the business” (CEO). “We are humbled by Trine’s and its investors’ trust in us. These funds will be utilized to launch projects and increase market share in areas where the company already operates. Solarise Africa currently has operations in Kenya, South Africa, Rwanda, Uganda, and Ghana, where various projects have been implemented, and our pipeline is rapidly growing. We’re delighted to expand our Energy-as-a-Service offering to more partners so that we may work together to accelerate Africa’s progress.”

Trine’s CEO and co-founder, Sam Manaberi, expressed enthusiasm for the new alliance as his company expanded into the commercial and industrial industry.

“Solarise Africa works with a limited set of renewable energy solution businesses and collaborates closely with its partners to create a choice of tailor-made financial solutions for their consumers, which presents a novel option for our investors. We are happy to have them on board and look forward to seeing their continued success,” Manaberi said.

The funds will support investments in food security, renewable energy, urban development, manufacturing, and production in South Africa, Kenya, Ghana, and Rwanda, and will be disbursed in various tranches.
Five solar projects in South Africa and Kenya will be funded with the initial disbursement.

 

Read more on Tech Gist Africa:

Daystar Power, a solar startup, has received $20 million in funding from the International Finance Corporation (IFC)

Baobab+, a West African solar distributor, raises €4 million to expand its business in Côte d’Ivoire and Senegal.

Sun Exchange, a South African startup, has raised $1.4 million from a crowd sale of a Zimbabwe solar project

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

REdimension Capital South Africa
Funding

REdimension Capital Secures $13.8 Million to Transform South Africa’s Proptech Landscape

by Tech Gist Africa
09/04/2025
0

Johannesburg-based REdimension Capital has announced the final close of its Real Estate Technology & Sustainability Fund I, securing a total...

Read more
Finnfund Poa Internet Kenya

Finnfund Invests $4M in Poa Internet to Expand Affordable Broadband in Kenya

09/04/2025
Holo Fintech UAE

Holo Secures $22M Series A to Revolutionize Homeownership in UAE and Saudi Arabia

09/03/2025
Munify Egypt

Munify Secures $3M Seed Funding to Revolutionize Cross-Border Banking for Egyptians Abroad

09/01/2025
Uncovered Fund and Monex Ventures

Uncovered Fund and Monex Ventures have launched a $20M Fund

09/01/2025
Next Post
MNT-Halan Egypt

MNT-Halan, an Egyptian fintech, has raised $120 million in funding

Wave Fintech

Wave, a FinTech startup based in Senegal, has closed the largest Series A round for an African FinTech at $200 million

Ukraine Cryptocurrency

The Ukrainian Parliament has passed a law to make Bitcoin and other cryptocurrencies legal

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.