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PEG Africa

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PEG Africa is a leader in financing and deploying affordable energy solutions to consumers and SMEs in West Africa, with operations in Ghana, Cote d'Ivoire and Senegal. PEG sells products as varied as solar home systems including lights, phone charging, radio and a torch, to solar water irrigation systems for farmers. All solar products are integrated with mobile money pay-as-you-go functionality, and bundled with financing options. PEG's products are designed for underserved communities, often in rural and peri-urban areas, which lack reliable and affordable electricity. Once a good credit history has been established, PEG ensures that customers can graduate to additional services such as health insurance, larger solar home systems or productive use assets like solar generators.

Headquarters

Ghana,Accra

Founded in

2013

Company Size

201–500 Employees

Sectors

Energy & Resources

Countries of operations

flag of uganda
Ivory Coast
flag of uganda
Ghana
flag of uganda
Senegal

Team

Hugh Whalan CEO

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FUNDING ROUNDS

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PEG Africa Energy & Resources
Amount $40,000
Date Nov 29, 2020
Funding Round
Grant
investors
Ashden, Kigali Cooling Efficiency Program
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PEG Africa Energy & Resources
Amount $4,000,000
Date Oct 16, 2019
Funding Round
Debt Financing IV
investors
CDC Group, SunFunder, responsAbility
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PEG Africa Energy & Resources
Amount $5,000,000
Date Sep 3, 2019
Funding Round
Debt Financing III
investors
Electrification Financing Initiative
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PEG Africa Energy & Resources
Amount $20,000,000
Date Mar 20, 2019
Funding Round
Debt Financing II
investors
CDC Group, ResponsAbility, SunFunder
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PEG Africa Energy & Resources
Amount $5,000,000
Date Mar 20, 2019
Funding Round
Series C
investors
Energy Access Ventures, Blue Haven Initiative, Investisseurs et Partenaires, Acumen, Total Energy Ventures, Renewable Energy Performance Platform
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PEG Africa Energy & Resources
Amount $1,500,000
Date Nov 1, 2018
Funding Round
Debt Financing I
investors
SunFunder, Oikocredit International
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PEG Africa Energy & Resources
Amount $13,500,000
Date Oct 27, 2017
Funding Round
Series B
investors
Energy Access Ventures, Investisseurs & Partenaires (I&P), ENGIE, Acumen, PCG Investments
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PEG Africa Energy & Resources
Amount $7,500,000
Date Jun 21, 2016
Funding Round
Series A
investors
Energy Access Ventures, Blue Haven Initiative, Investisseurs et Partenaires, ENGIE Rassembleurs d'Energies

RECENT ARTICLES ABOUT PEG Africa

Digest Africa

CONTACT

[email protected]

Digest Africa Technologies Ltd
Ntinda Complex,
Block B, Level 3 Ntinda,
Kampala, Uganda

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