Seven scaleups hog over 70% of funding to Africa’s solar pay-go ventures

Over the last 10 years startups in Africa’s off-grid solar sector have attracted over $2.3 billion in funding. However, the largest share of the financing has gone to just seven pay-as-you-go (pay-go) Africa-based scaleups, leaving hundreds of others in the early-stage struggling to fundraise, according to the newly released biennial Gogla-World Bank report. The seven … Continue reading Seven scaleups hog over 70% of funding to Africa’s solar pay-go ventures