Press Releases

Meet Mr John Mensah... John is a local farmer living in a remote and off-grid area in the Ashanti region of Ghana who had a dream of growing strawberries on his farm. Crazy? Strawberries in Ghana? As the picture shows this was not a crazy idea and this could just be the beginning of a lucrative new business. John initially…

PEG Africa, a leading distributed energy company, passed US$1 million of sales from hundreds of pump installations in 2020. PEG Africa is a leader in deploying and financing solar products to rural and peri-urban households and SMEs in West Africa. It focuses on providing embedded finance for useful and productive assets, such as solar home systems via its PAYG financing…

PEG Africa, West Africa’s largest and fastest growing independent provider of distributed energy, has plans to pilot solar fridges and freezers in Ghana, Cote d’Ivoire and Senegal. Over 150 million people in West Africa do not have access to basic electricity.  This has a massive and expensive impact on households and traders wanting to keep food and produce fresh, as…

On the back of a profitable first year in Senegal, PEG Africa leverages successful expansion playbook to move into Mali.  PEG Africa is a leader in deploying and financing solar to households and SMEs in West Africa. Via its PAYG financing model, it enables customers to replace their perpetual spending on poor-quality polluting fuels such as kerosene and diesel with…

PEG Africa is a leader in deploying and financing solar to households and SMEs in West Africa. Via its PAYG financing model, it enables customers to replace their perpetual spending on poor-quality polluting fuels such as kerosene and diesel with solar energy. PEG is currently serving over 400,000 daily users in Ghana, Cote d’Ivoire and Senegal, and has recently expanded…

PEG Africa, a West Africa-based pay-as-you-go (PAYG) solar company, has raised US$5 million from ElectriFI to continue rapid growth in existing markets. PEG Africa is a leader in deploying and financing solar to households and SMEs in West Africa. Via its PAYG financing model, it enables customers to replace their perpetual spending on poor-quality polluting fuels such as kerosene and…

PEG has qualified as a 2X investment under three of the five 2X categories: advancing women in leadership; meaningfully supporting its female employees; and implementing a targeted strategy to increase the number of female customers.

PEG has raised a US$25 million Series C funding round, allowing it to cement its position as a market leader in the region.