Saturday, September 27, 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 Africa

Azuri Technologies raises $26 Million in Japan’s Marubeni led Round

Tech Gist Africa by Tech Gist Africa
06/10/2019
in Africa, Africa News, News
0 0
1
Azuri Technologies raises $26 Million in Japan’s Marubeni led Round

Photocredit: weetracker.com

0
SHARES
Share on FacebookShare on Twitter

African pay-as-you-go energy provider company, Azuri Technologies, recently secured a $26 Million investment from the Japanese company, Marubeni. According to a press release, Azuri will leverage the fund to expand more into East and West Africa. Azuri Technologies’ old shareholders like IP Group Plc participated in the round, which is the company’s 5th fundraising round. The company raised the sum of $53.5 Million in total.

The company plans to explore new markets by rolling out its lighting, TV and other solar-enabled products. This will enable the company to drive energy inclusion in off-grid communities across Africa. Marubeni Corporation trusts that Azuri’s business model will disrupt the African off-grid energy market.


See also: Why South African Government is Delaying the Use of Solar Energy in Farms


Azuri Technologies was founded in 2012. The company solely deals on the provision of solar home systems to off-grid communities in Africa. They specialize in pay-as-you-go solar energy solutions, with operations in Nigeria, Kenya, Tanzania, Uganda and Zambia. They have sold over 150,000 systems in Africa since inception.

Azuri’s CEO Simon Bransfield-Garth said they are delighted about Marubeni Corporation and existing shareholders investment. He said this new backing demonstrates the increasing reach of off-grid power.

 

More on TechGist Africa:

  • SA’s Edtech Incubator Injini selects Eight African Edtech Startups for Cohort 3
  • Facebook Launches Maps to Provide Health Organizations with Information
  • From Eko Atlantic Lagos, to Vision City Kigali, here are Africa’s Foremost Smart Cities
  • Sophos boosted Intercept X to aid Businesses Fight Cyber Attacks
  • German Govt to Invest €1bn in African Startups and SMEs
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across Africa and sharing simple social media and digital marketing tips for startups, entrepreneurs and business owners.

Related Posts

Rulebase
Funding

Rulebase Secures $2.1M Pre-Seed Funding to Revolutionize Fintech Back-Office Automation

by Tech Gist Africa
09/26/2025
0

Rulebase, a Y Combinator-backed fintech startup, has raised $2.1 million in pre-seed funding to automate back-office operations in financial services....

Read more
SunCulture Kenya

SunCulture, a Kenyan climate-tech startup has secured a $5 million funding

09/26/2025
AGF Visa Foundation

AGF and Visa Foundation Unveil $2M Fund for Women Entrepreneurs in Africa

09/26/2025
Justyol Morocco

Justyol, a Moroccan e-commerce startup has raised $1 million in funding

09/26/2025
Mavryk Network UAE

Mavryk Network Secures $10M to Revolutionize UAE Real Estate with Blockchain Tokenization

09/26/2025
Next Post
MTN Nigeria office

MTN Group Launches AI-enabled Mobile Money Chatbot

Kenya Ranked Top African Country for Artificial Intelligence Readiness

Kenya Ranked Top African Country for Artificial Intelligence Readiness

Kenya Ranked Top African Country for Artificial Intelligence Readiness, MTN Group Launches AI Enabled Mobile Money Chatbot and More

Kenya Ranked Top African Country for Artificial Intelligence Readiness, MTN Group Launches AI Enabled Mobile Money Chatbot and More

Comments 1

  1. Pingback: Azuri Technologies raises $26 Million in Japan’s Marubeni led Round | NAIJA NEWS AGENCY
No Result
View All Result

The Big 5

Food Security

How Technology is Advancing Global Food Security and Reducing Hunger

by Tech Gist Africa
09/26/2025
0

...

Nvidia Abu Dhabi Robotics Lab

Nvidia and Abu Dhabi Institute Launch Middle East’s First AI & Robotics Lab

by Tech Gist Africa
09/26/2025
0

...

MultiChoice

Canal+ has officially completed its $3.17 billion acquisition of South Africa’s MultiChoice Group

by Tech Gist Africa
09/26/2025
0

...

216 Capital & Plug and Play Accelerator

216 Capital & Plug and Play Launch Tunisian Accelerator to Bridge Local Startups to Global Stage

by Tech Gist Africa
09/26/2025
0

...

Funding

Groundbreaking UK Tender Aims to Map East Africa’s Start-Up Financing Landscape

by Tech Gist Africa
09/26/2025
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.