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.